Biden Set to Unveil More Student Loan Forgiveness Relief as Key Programs Remain Blocked

President Joe Biden is set to unveil more student loan forgiveness relief for certain borrowers in the coming days. The announcement will come before he heads to Germany next week for an official visit. While details are sparse, Fortune and Bloomberg are reporting that White House officials suggested the announcement will center on Public Service Loan Forgiveness. PSLF is a popular debt relief program for borrowers who commit to working in nonprofit or government jobs. The anticipated announcement about more student debt relief comes on the heels of a chaotic week for student loan borrowers. Two key student loan relief initiatives ended, while a new mass loan forgiveness plan was subjected to a rollercoaster of court rulings.