Biden Cancels $9 Billion More in Student Debt Through Targeted Relief Programs
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Biden canceled $9 billion more in student debt, providing relief for 125,000 borrowers through fixes to income-driven repayment plans and public service loan forgiveness.
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53,000 public service workers will get $5.2 billion in debt relief through PSLF.
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51,000 borrowers who made payments for 20 years through income-driven plans but never got relief will have $2.8 billion canceled.
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22,000 borrowers with total permanent disabilities will get $1.2 billion in loans discharged.
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Biden will continue using existing programs to provide student debt relief after the Supreme Court struck down his broader debt cancellation plan.