Biden to provide $4.28 billion student loan relief for 55,000 borrowers

The Biden administration announced $4.28 billion in student loan forgiveness for nearly 55,000 public service workers. This adds to the $180 billion already forgiven, benefiting almost 5 million Americans through the Public Service Loan Forgiveness (PSLF) program. President Biden highlighted improvements to the program and his commitment to making higher education more accessible.