Biden administration forgives $4.8 billion in student loan debt

<p>The Biden administration failed in its bid for wholesale loan cancellation but it continues to use its powers to cancel debt in smaller batches.</p><p>"This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions," Biden said in a statement.</p>

This article was written by Adam Button at www.forexlive.com.