- Biden announced an additional $4.2 billion in student-debt cancellation for 152,000 borrowers.
- The relief will benefit borrowers in PSLF, defrauded borrowers, and borrowers with disabilities.
- It likely marks Biden’s last relief efforts before Trump takes office in one week.
Thousands more borrowers are receiving student-loan forgiveness just one week before President Joe Biden leaves the White House.
On Monday, Biden’s administration announced $4.2 billion more in debt cancellation for over 152,000 borrowers. The relief impacts borrowers in three different categories: government and nonprofit workers in the Public Service Loan Forgiveness program, borrowers who the Education Department found were…
