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Day 1157

1/ The Biden administration will cancel nearly $6 billion in federal student loans for 78,000 Americans through the Public Service Loan Forgiveness program. The latest student debt cancellation allows eligible borrowers to have their remaining debt forgiven if they have made a certain number of payments and are working for approved employers, like teachers, nurses, and firefighters. An additional 380,000 borrowers in the public sector are one to two years away from qualifying for the same debt forgiveness. In total, Biden has canceled $144 billion of federal student loan debt for nearly 4 million borrowers. (USA Today / NBC News / NPR / CNN / CBS News / Associated Press / CNBC / Axios)

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