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Biden’s total student debt relief passes $183 billion, after he forgives another 150,000 borrowers

  • President Joe Biden has overseen the cancellation of student loans for more than 5 million Americans, more than any other president in U.S. History.
  • The Education Department canceled loans for 150,000 borrowers through existing programs, expanding eligibility without congressional approval.
  • More than 1 million public servants have had their balances zeroed out through Public Service Loan Forgiveness, which was created in 2007.
  • Biden stated, 'My administration has taken historic action to reduce the burden of student debt, hold bad actors accountable, and fight on behalf of students across the country.
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  • 63% of the sources are Center
63% Center
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