College graduation
College graduation
  • The Education Department said 615,000 borrowers have gotten $42 billion in relief since October 2021.
  • That's a result of temporary reforms to the Public Service Loan Forgiveness program.
  • The department also said it will make the whole PSLF application available online for the first time.

President Joe Biden's Education Department just got the latest sign that its temporary reforms to a student-debt relief program are working.