About 35,000 borrowers will have their student loans forgiven, totaling another $1.2 billion in relief, the Biden administration announced Thursday, the latest round of student loan forgiveness under a program supporting public servants, which was recently updated to eliminate delays.

READ MORE: https://www.forbes.com/sites/tylerroush/2024/07/18/biden-cancels-12-billion-in-student-loan-debt-heres-who-will-benefit/

Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:

https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript

Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com