Biden's student debt relief program has now surpassed $183 billion, with the latest round of forgiveness benefiting an additional 150,000 borrowers.

• In his last days in office, President Biden declared that his administration would pardon student debt for over 150,000 borrowers.
• Nearly 85,000 people who attended schools that "cheated and defrauded their students," 61,000 borrowers with a total and permanent disability, and another 6,100 public service workers will receive relief, Biden announced in a statement.

In his last days in office, President Biden declared that his administration would pardon student debt for over 150,000 borrowers.

Nearly 85,000 people who attended schools that "cheated and defrauded their students," 61,000 borrowers with a total and permanent disability, and another 6,100 public service workers will receive relief, Biden announced in a statement.

Biden pledged to make higher education accessible to all and has already forgiven more student loan debt than any previous administration.

Over $183.6 billion in federal student loan debt has been forgiven by Biden since he took office, benefiting more than 5 million borrowers.

This is breaking news. Please refresh for updates.