President Joe Biden's administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers.

The Education Department said it "intends to commit its limited operational resources to helping at-risk borrowers return to repayment successfully."

The department said that it made its decision because of ongoing litigation over the rule change, and because there were 150,000 public comments with modification suggestions that needed to be considered.

The Education Department effectively halts the regulations before the inauguration of Trump, who has voiced opposition to both

The Biden administration announced the cancellation of student debt for an additional 55,000 public service workers on Friday.

Tens of thousands of public servants will have $4.28 billion in student debt cancelled, the Biden administration announced Friday.

The Biden administration is officially withdrawing its sweeping proposals to cancel student debt for tens of millions of Americans, effectively closing the door on mass loan forgiveness in the waning days of Joe Biden’s presidency.

The Biden administration withdrew a proposal to forgive the student debt of borrowers who experienced hardship.

President Joe Biden’s Department of Education dolled out over $1 billion in diversity, equity, and inclusion grants since 2021, a new Parents Defending Education report shows. Almost half, $489,883,797.

The Biden administration says it is canceling federal student loans for another 55,000 public service workers through an existing forgiveness program.

President Joe Biden's administration rolled out an additional $4.28 billion in student loan forgiveness for borrowers under the Public Service Loan Forgiveness (PSLF) plan Friday.

President Biden announced on Friday he would be canceling more student debt for tens of thousands of public service workers, possibly his last major move on the issue before leaving office in a