- Biden announced an additional $600 million in student-loan forgiveness.
- The relief impacts defrauded borrowers and borrowers on income-based repayment plans.
- This marks Biden’s final student-loan forgiveness action before he leaves the White House.
Student-loan forgiveness under President Joe Biden has officially reached the end of the road.
On Thursday, Biden’s Education Department announced over $600 million in debt cancellation for 4,550 borrowers on income-based repayment plans and 4,100 borrowers who the department found were defrauded by DeVry University.
This latest announcement marks the final student-loan forgiveness action under the Biden administration.
“Four years ago, President Biden made a…
