160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden
The amount of total debt relief is now $167 billion.
U.S. President Joe Biden on Wednesday announced the cancellation of another $7.7 billion in student debt for 160,000 borrowers, bringing the total number of people to benefit from his debt relief push to 4.75 million, despite Republican opposition.
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