Automatic relief for eligible U.S. Department of Education’s income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) borrowers with total and permanent disabilities.
The announcement brings the total approved debt cancellation by the Biden-Harris Administration to $127 billion for nearly 3.6 million Americans.
In a state-by-state breakdown of relief and impact borrowers with processed PSLF Discharges (PSLF, TEPSLF, and limited waiver) since September 2023.
- 7, 480 Arkansas borrowers, are relieved of $369.4 million
- 16, 330 Louisiana borrowers are relieved of $890 million
- 67, 590 Texas borrowers are relieved of $3, 314.4 billion
The president said his government is doing ‘everything’ they can and ‘as fast’ as they can.
To find out more go to studentaid.gov