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  • Saturday, 18 January 2025

Biden-Harris administration approves $600 million in final round of student loan forgiveness: Key details here

The Biden-Harris administration approved $600 million in student loan forgiveness for 4,550 borrowers through Income-Based Repayment (IBR) and 4,100 borrower defense approvals. By leaving office, it will have provided $188.8 billion in relief for 5.3 million borrowers. Initiatives include fixes to IDR, Public Service Loan Forgiveness, and aid for disabled borrowers, benefiting millions across the U.S.

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