Department of Education announces $4.5B in loan forgiveness for public service workers

Education Secretary Miguel Cardona testifies during a hearing on Capitol Hill in Washington, April 30, 2024. Cardona announced on Thursday the approval of approximately $4.5 billion in additional student loan relief for public service workers. (AP Photo/Susan Walsh)

During a visit to Atlanta on Thursday, U.S. Department of Education Secretary Miguel Cardona announced the approval of approximately $4.5 billion in additional student loan relief for public service workers.

The Public Service Loan Forgiveness (PSLF) Program will bring the total loan forgiveness approved by the president’s administration to over $175 billion for roughly 4.8 million Americans. Currently, over 40,000 Georiga residents have earned loan forgiveness through the program.

“That’s more than any other administration in history, even if you add them up [and] combine them all,” said Cardona.