Biden promises some student loan forgiveness. Student borrowers hope he delivers. – NBC News

For almost 15 years, Trygve “Spike” Magelssen says he faithfully paid down his student loans each month, slowly chipping away at the original debt of $53,000, even as medical bills, a home improvement loan and other costs left him “financially up against a wall.”

Then in late 2018, Magelssen, an associate professor of electrical technology at Montana State University-Northern, wondered if he might benefit from Congress’ temporary expansion of the so-called Public Service Loan Forgiveness program. Public servants, including teachers, health care workers and law enforcement, can apply under certain requirements, and must make 10 years’ worth of payments before the loan’s remaining balance can be erased.