President Biden on Friday announced another $5 billion in student loan forgiveness for 74,000 borrowers. It’s the latest batch of student debt cancellations after the Supreme Court struck down his larger forgiveness plan last year. John Yang reports on Biden's efforts and speaks with Danielle Douglas-Gabriel, who covers the economics of higher education for The Washington Post, to learn more. Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: TikTok: https://www.tiktok.com/@pbsnews Twitter: http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Facebook: http://www.pbs.org/newshour Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe