Borrowers can seek student loan forgiveness in a variety of ways. Some people who perform public or nonprofit work, for example, will qualify for the Public Service Loan Forgiveness Program. People who took out Perkin Loans can seek to have the loan canceled if they work in an eligible field. Nurses, teachers, doctors, lawyers, and military personnel all have special forgiveness programs, as well.
Since President Joe Biden said on the campaign trail that he would consider significant loan forgiveness measures, Democrats have pushed for that figure to be set at $50,000 per person; Biden says he's willing to do more like $10,000. Still, his administration has approved more than $9.5 billion of student loan relief in a year, and the debate is ongoing.
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