In a monumental move, President Biden has announced the forgiveness of student debt for 5 million borrowers, alleviating the financial burden on countless Americans struggling to repay their loans. This decision comes as part of Biden's plan to address the student loan crisis that has plagued millions of Americans for years.

According to reports, the borrowers benefiting from this forgiveness include low-income individuals, public service workers, and those defrauded by for-profit schools. This move is seen as a significant step towards achieving Biden's goal of providing relief to those who are most in need.

This initiative has been met with widespread support from advocates and borrowers alike, who have long called for action to address the student loan crisis. By forgiving the debt of 5 million borrowers, Biden has taken a major step towards addressing this issue and providing much-needed relief to those struggling under the weight of student loan debt.

As Biden continues to prioritize education and economic relief for Americans, the forgiveness of student debt for 5 million borrowers marks a significant milestone in his administration's efforts to tackle the challenges facing the nation.