An additional 53,000 borrowers will receive debt cancellation under the Public Service Loan Forgiveness program, which wipes away remaining student loan debt after qualifying public sector workers make 10 years’ worth of monthly payments.

Nearly 51,000 borrowers, who have been in repayment for at least 20 years, are getting relief thanks to a recount of their past payments. The administration has found that these borrowers already qualified for student loan forgiveness but were missing out because of past administrative errors.

And nearly 22,000 borrowers who have a total or permanent disability have now been approved for an automatic debt discharge through a data match with the Social Security Administration.

[–] BlemboTheThird@lemmy.ca 5 points 1 year ago (1 children)

51,000 out of 125,000.

Did you?

[–] OurToothbrush@lemmy.ml -4 points 1 year ago* (last edited 1 year ago) (1 children)

Now read the beginning of the second and third paragraph

I dont mean this as a diss, but you shouldn't be so smug when I have to hold your hand like this.

[–] BlemboTheThird@lemmy.ca -1 points 1 year ago (1 children)

Who's being smug? All I've done is throw your own words back at you. You're just wrong. The people in the second paragraph are your "administrative errors." The others are people being newly granted relief.

A far cry from the sweeping relief promised during the campaign, but also far from just correcting errors.