'I honestly feel like I can finally breathe again' Nearly 30,000 people have seen their student debt balance reduced to zero since the federal government announced significant changes to a popular loan forgiveness program last month.
Washington Katherine Rickfelder, a Florida public school teacher, is one of nearly 30,000 people who have seen their student debt balance reduced to zero since the federal government announced significant changes to a popular loan forgiveness program last month.
"I cried when I got the letter. I honestly feel like I can finally breathe again," said Rickfelder, who had another five years of payments to make under the old rules of the Public Service Loan Forgiveness program. She started paying off her student debt about 16 years ago.The letter, which she received from the US Department of Education in October, said that she would get credit for 91 additional monthly payments she had made on her student loans.
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