Another 153,000 student loan borrowers will have their debts forgiven, totaling $1.2 billion in relief, the Biden administration announced Wednesday, the first round of student loan forgiveness under a new program designed to help borrowers facing financial hardship. READ MORE: https://www.forbes.com/sites/tylerroush/2024/02/21/student-loan-forgiveness-biden-administration-cancels-another-12-billion-in-debt/?sh=3d7230ec3f8e 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