The last round of student loan forgiveness from the administration caps a tumultuous effort to deliver widespread relief to millions of Americans.

The Biden administration finalized a record $15 billion loan guarantee to PG&E Corp. in one of the Biden’s administration’s final acts before President-elect Donald Trump takes power Monday.

The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in the biggest outlay to

On his way out of office, President Joe Biden touted his record on student-debt cancellation, noting that his administration approved nearly $190 billion in student-debt relief for more than 5 million borrowers.

KEY TAKEAWAYS Joe Biden's administration oversaw several rounds of student loan forgiveness, totaling $188.8 billion for 5.3 million borrowers.The Biden administration granted loan forgiveness and discharges to borrowers in income-driven repayment plans,