With just over two weeks to go until the United States presidential election, Joe Biden has announced further student debt relief for public servants, amounting to around $4.5 billion.
The White House announced this this Thursday saying the action affects about 60,000 borrowers across the country highlighting Biden and Vice President Kamala Harris’s efforts to improve loan forgiveness since taking office.
Biden says with the latest move, more than one million people have had their debt cancelled under Public Service Loan Forgiveness.
The promise of the program — supporting teachers, nurses and others — involved student debt forgiveness after 10 years of public service and 10 years of payments.
Biden has embarked on efforts to cancel student debt for millions of Americans, after a student loan payment freeze instituted by Trump during the coronavirus pandemic.