His administration has so far forgiven $127 billion of student debt.
Biden's administration has delivered relief for some borrowers by circumventing the need for Congressional or court approval. He's used the Department of Education's existing authority to wipe, which is already in law, as a way to forgive some borrowers' loans, a White House spokesperson told Axios.
About 51,000 borrowers will get the relief via an income-driven repayment plan. This will apply to people who have worked for 20 or more years but never received the debt forgiveness they were entitled to. Roughly 22,000 borrowers who have a "total or permanent" disability will also receive the relief, the White House said.Share on linkedin
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