President Joe Biden said on Monday his administration is approving student loan relief for more than 150,000 borrowers who included those who attended schools that defrauded their students, those with total and permanent disabilities and public service workers.

Despite failing to deliver his promise for broad student loan forgiveness, President Joe Biden has now overseen the cancellation of student loans for more than 5 million Americans — more than any other president in U.

In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.