The White House has approved nearly $144 billion in federal loan forgiveness for about 4 million borrowers in total, according to the administration.
President Joe Biden announced Thursday that the White Househas approved the cancellation of nearly $6 billion in federal student debt for thousands of public service workers.
The 78,000 eligible public service workers include teachers, nurses and firefighters, according to the White House.
…
It’s the latest student debt cancellation move through Public Service Loan Forgiveness programs, which allow eligible borrowers to have their remaining debt forgiven if they have made a certain number of payments and are working for approved employers.
…
Last year, the Supreme Court invalidated Biden’s more far-reaching student loan debt relief plan, arguing that it was unlawful because Congress did not explicitly approve the move.
In totality, Biden has forgiven billions in loans for over 3 million people.
Source: John Oliver’s. I think it’s called Last Week Tonight.