Biden-Harris admin rolls out another $4.28 billion in student loan handouts

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The Biden administration announced another $4.28 billion in student loan handouts as President Biden and Vice President Harris prepare to leave the White House.

The massive loan handout will give 54,900 public workers loan forgiveness.

"Four years ago, the Biden-Harris Administration made a pledge to America’s teachers, service members, nurses, first responders, and other public servants that we would fix the broken Public Service Loan Forgiveness Program, and I’m proud to say that we delivered," Secretary of Education Miguel Cardona said in a release on Friday.

The action brings the total loan forgiveness approved by Biden to nearly $180 billion for nearly 5 million borrowers.

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