President Biden announced an additional $4.8 billion in student loan forgiveness Wednesday, with the relief targeted at federal borrowers working in public service fields. The debt relief will assist about 80,000 borrowers, approximately half of whom should have already qualified for relief through their public service jobs, but had not yet received it due to clerical errors, the White House said. The remaining funds will “fix” the Income-Driven Repayment Plan, accurately accounting for loan forgiveness already earned, the Department of Education said. “From Day One of my Administration, I vowed to improve the student loan system so that a higher education provides Americans with
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