Under Biden, student loan debt was forgiven for another 150,000 borrowers

In the last days of his post President Joe Biden management will forgive student debt For over 150,000 borrowers.

That assistance includes about 85,000 people who attend schools that “cheat and cheat their students,” 61,000 borrowers with total and permanent disabilities and another 6,100 community service workers, Biden said.

“From day one of my administration, I promised to make higher education a ticket to the middle class, not a barrier to opportunity, and I’m proud to say that we have forgiven more student loan debt than any other administration in history.” Biden said.

Since Biden took office, he has forgiven the debt of more than 5 million federal student loan borrowers, totaling $183.6 billion.

In 2023, the Supreme Court blocked the president’s plan for large-scale student loan forgiveness for tens of millions of borrowers.

But the Biden administration was still able to wipe out a large portion of the nation’s outstanding student debt by improving the U.S. Department of Education’s existing debt relief programs.

This is the latest news. Update for updates.