The Biden Administration has announced another $1.2 billion in student loans will be forgiven for around 153,000.
$138 billion has already been canceled for nearly 4 million Americans.
This round of forgiveness is for those enrolled in the Saving on a Valuable Education (SAVE) program; those who borrowed $12,000 or less who have been repaying the money for at least 10 years.
- Biden administration to cancel another $1.2 billion of student loans