Among other changes, student loan borrowers on active military duty will get credit, even if their federal student loans are in student loan forbearance or student loan deferment. There will also be a new appeals process for student loan borrowers who are rejected for student loan forgiveness so they can correct any errors. You can enroll in public service loan forgiveness through the U.S. Department of Education and complete and Employer Certification Form.
This won’t be the last of student loan forgiveness. Some believe that student loan forgiveness is still alive. The Biden administration plans to help more student loan borrowers get student loan relief through student loan forgiveness. However, don’t expect wide-scale student loan cancellation in the near-term. Biden has been focused on targeted student loan cancellation, which focuses on specific groups of student loan borrowers, including those who fall in each of these categories.