I just read this crazy article called “Exclusive: Nearly 610,000 public sector workers got student loan forgiveness after Biden loosened the rules” and it blew my mind! Basically, President Biden made some changes to the Public Service Loan Forgiveness Program and as a result, almost 610 thousand people in the public sector had all their student loans forgiven. Can you believe that?!
Before, it was really hard to qualify for loan forgiveness and the rules were super strict, but now it looks like it’s way more accessible. I think that’s a game-changer for a lot of people out there who are struggling to pay off their loans.
Personally, I don’t have any student loans, but I know how hard it can be to pay off debts in general. My mom had a ton of credit card debt and it took her almost a decade to pay it off. I can’t even imagine what it would be like to have to deal with student loans on top of everything else.
All in all, I think this is a pretty important topic because student loan debt is a huge problem in this country and it’s something that affects millions of people. So, I’m glad that there are some positive changes happening in this area.
Quick Links