Student Loan Forgiveness Announced In New York

NEW YORK, NEW YORK – SEPTEMBER 15: A digital display screen reads "Student Debt Relief For Public Servants" as New York Governor Kathy Hochul signs legislation to expand statewide public servants' access to student loan forgiveness on September 15, 2022 in New York City. At the Borough of Manhattan Community College (BMCC) Governor Hochul announced Legislation (S.8389-C/A.9523-B) which expands and simplifies access to the federal Public Service Loan Forgiveness (PSLF) program. The PSLF program cancels some of the student loan debt for qualifying public servants like first responders, government workers, health care workers, military members, and teachers after they make 120 monthly loan payments. (Footage by Tomas Abad/Getty Images)