This research identifies more than $100 billion in loan forgiveness available to as many as 3.5 million borrowers through the Public Service Loan Forgiveness (PSLF) waiver program. Potential beneficiaries of this initiative are disproportionately employed in occupations like teaching and health care. However, the distribution of potential benefits of the PSLF waiver depends critically on the extent to which those with high income or advanced degrees are differentially likely to take-up benefits conditional on eligibility.