President Joe Biden's administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers.

Today, the Biden-Harris administration announced another $4.28 billion in student loan forgiveness for nearly 55,000 borrowers in the Public Service Loan Forgiveness program. The latest debt cancellation news comes after years of challenges for the PSLF,

The Biden administration is officially withdrawing its sweeping proposals to cancel student debt for tens of millions of Americans, effectively closing the door on mass loan forgiveness in the waning days of Joe Biden’s presidency.

The Biden administration announces another round of student loan debt canceled just one month before the president leaves office.