Biden administration temporarily expands student loan forgiveness program for public servants

Service members, teachers and other public servants who have been shut out of a controversial student loan forgiveness program will get another chance at debt cancellation, the Education Department said Wednesday.

The federal agency will temporarily allow all payments borrowers made on federal student loans to count toward Public Service Loan Forgiveness, regardless of the loan program or payment plan. It estimates the move will bring more than 550,000 people closer to debt cancellation, including 22,000 who will be immediately eligible.