Move brings total in student loan forgiveness during Joe Biden’s term as president to $180bn, Education Department says.
US President Joe Biden’s administration is cancelling student loans for another 55,000 people in the United States, amounting to $4.2bn in debt forgiveness just weeks before his time in office ends.
The White House said in a statement on Friday that the move would affect public service workers, including teachers, nurses and law enforcement officers.
It brings the total number of Americans approved for student debt relief during Biden’s tenure as president to nearly five million.
“Because of our actions, millions of people across the country now have the breathing room to start businesses, save for retirement,…
