President Joe Biden announced Monday that his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the Biden administration to over 5 million.

In the waning days of Joe Biden’s presidency, his administration announced on Monday that it will provide student debt relief to 150,000 borrowers. Almost 85,000 attended schools that defrauded their students;

President Joe Biden said on Monday his administration would cancel student loans for more than 150,000 borrowers, targeting those who attended schools that defrauded students, those with permanent disabilities and public service workers.