President Joe Biden made student debt relief a focus of his administration.
The mass forgiveness he promised on the campaign trail was struck down by the Supreme Court, and some of his other debt relief initiatives, like the Saving on a Valuable Education plan and his negotiated rulemaking plan, are currently tied up in court.
But his administration has still managed to clear $166.5 billion in student loans, according to Department of Education data.
Borrowers had an average of $38,207 of debt forgiven.
"From day one of my administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity," Biden said in an October statement.
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