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Published: May 09, 2023 4 min read
Nurse walking a young patient by the hand in a hospital hallway
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As Americans wait for the Supreme Court to rule on the legality of President Joe Biden's student debt forgiveness program, thousands of borrowers are taking advantage of a different initiative to get their loans discharged.

Since October 2021, more than 615,000 borrowers have had a cumulative $42 billion in loans approved for forgiveness under the Public Service Loan Forgiveness (PSLF) program, according to an announcement this week from the U.S. Department of Education. Nearly 610,000 of those borrowers have already had their loans completely discharged.

The Education Department attributes those numbers to the temporary changes the federal government recently made to the PSLF program, which expanded eligibility and made it easier for eligible borrowers to have their loans forgiven. Before those changes, PSLF was notorious for its low rate of approval for applications and confusing requirements.