Big update is coming for Biden's Student Loan Forgiveness. New Rules are out for 2023. Here is all detail 

This new rule will update Public Service Loan Forgiveness (PSLF) regulations for to Strengthen Chances To Qualify

The PSLF program allows borrowers to obtain credit for payments for their loan 

This new rule will decrease monthly payments on undergraduate loans by 50% in 2023

This new rule will also help protect loans from accruing interest by reducing interest rates.

These new rules will take effect from 1 July 2023

This new rule will help more than 236,000 teachers, nurses, veterans, government employees and other public service workers to secure their benefits