President Biden signed off on yet another student debt forgiveness package Friday, giving $4.28 billion to nearly 55,000 public service workers.
The Education Department canceled the debt for student borrowers who have made more than 120 monthly payments as part of its Public Service Loan Forgiveness Program, which incentivizes careers in public service — like teaching and law enforcement.
“From Day One of my Administration, I promised to make sure that higher education is a ticket to the middle class, not a barrier to opportunity,” Biden wrote in a statement.
