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Memphis Standard

Thursday, November 7, 2024

Congressman Cohen Applauds Success of Biden Public Service Student Loan Forgiveness Program

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Rep. Steve Cohen | Rep. Steve Cohen Official Website

Rep. Steve Cohen | Rep. Steve Cohen Official Website

WASHINGTON – Congressman Steve Cohen (TN-9) today applauded the Biden Public Service Loan Forgiveness (PSLF) Program that has already provided debt relief to 610,000 student borrowers, including at least 58,000 in Tennessee’s 9th Congressional District that he represents.

The 9th District has an estimated 150,400 borrowers eligible for student debt relief under PSLF, 87,700 of whom applied or were automatically deemed eligible under the new Biden plan. An estimated 58,000 have been fully approved and their loans have been sent to loan servicers for discharge.

Congressman Cohen made the following statement:

“The PSLF program is life-changing policy, permitting students serving their communities to get on with life without the huge burden of student loans. I am especially pleased to see the number of applicants from the congressional district I represent and was proud to hold an online webinar with a senior official of the Department of Education in October to go over the Public Service Loan Forgiveness Program so as many constituents as possible could apply before the deadline .”

Original source can be found here.

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