The Biden administration's plan will help low-income borrowers as student loan repayments restart.

The Department of Education said that the forgiveness was made possible through fixes to the federal student loan system.

The administration said 26 million people had applied for relief under the plan and 43 million would have been eligible.

The House has passed a resolution that would cancel President Joe Biden's student debt relief plan.

Some 615,000 public servants have benefitted from the Public Service Loan Forgiveness Program.

On Feb. 28, the Supreme Court is hearing two challenges to the Biden administration’s plan to forgive student debt.

Despite national polls showing debt relief has popular and bipartisan support, Republicans have worked against Biden’s actions at every step.

Lori Chavez-DeRemer, a congressional candidate in Oregon, also claims the American Rescue Plan ‘hurt the American people.’ Meanwhile, her business accepted more than $1.3 million in forgiven PPP loans.

Student debt forgiveness would provide relief to borrowers in all 50 states, the administration says.

Multiple organizations advocating for marginalized Americans and progressives called President Biden’s action ‘historic,’ ‘life-changing’ step for millions.