The Biden administration announced a new round of student loan forgiveness totaling 1.2 billion dollars for 35 thousand borrowers. This round of forgiveness is through an overhaul of the 2007 Public Service Loan Forgiveness (PSLF) initiative, which applies to certain not-for-profit and government workers. Yahoo Finance anchor Rachelle Akuffo breaks down three things to know about the announcement. #stocks #news #studentloans About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple ( or Android ( - Follow Yahoo Finance on social: X: Instagram: TikTok: Facebook: LinkedIn: |
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