The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.
The latest round of relief is a result of the U.S. Department of Education's fixes to the popular, but once troubled, Public Service Loan Forgiveness program.
"Public service workers – teachers, nurses, firefighters, and more – are the bedrocks of our communities and our country," Biden said in a statement.
Before Biden took office, only 7,000 people had ever received the debt relief under PSLF, the U.S. Department of Education said.
By contrast, Trump has called for the elimination of the Public Service Loan Forgiveness initiative and expressed opposition to the Biden administration's other efforts to cancel education debt.
Persons:
Joe Biden, Biden, George W, Bush, it's, Mark Kantowitz, Kamala Harris, Donald Trump, Harris, Trump
Organizations:
Biden, U.S . Department, Public, Consumer Financial, Bureau, U.S . Department of Education