152,000 student-loan borrowers are getting $4.2 billion in debt cancellation through Biden’s relief efforts a week before Trump takes office

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…