The Joe Biden administration will cancel student loans for another 160,000 people through a combination of different programs. The Department of Education announced the latest round of cancellations on Wednesday, stating it would forgive $7.7 billion in federal student loans. With this measure, the administration said it had already canceled $167 billion in student debt for nearly 5 million Americans through various programs. “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,” President Joe Biden said in a statement. “And I will never … Continue reading Biden’s $7.7 Billion Student Debt Forgiveness to Aid 160,000 Borrowers: Latest Round Announced