One of President Joe Biden’s signature promises was to ease the student-loan burden on millions of Americans. He’ll leave office with the debt pile slightly bigger than when he arrived.

The outgoing Biden administration announced its final round of student loan forgiveness on Thursday, erasing more than $600 million in debt held by more than 8,000 borrowers.

KEY TAKEAWAYS Joe Biden's administration oversaw several rounds of student loan forgiveness, totaling $188.8 billion for 5.3 million borrowers.The Biden administration granted loan forgiveness and discharges to borrowers in income-driven repayment plans,

Biden erases student debt for 55,000 public servants (The Hill) – The Biden administration announced its final round of student debt relief on Thursday, topping off the most loan forgiveness ever given in a presidency.