The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship.

The Education Department effectively halts the regulations before the inauguration of Trump, who has voiced opposition to both

Some Democratic lawmakers are pressuring the Biden administration to take further action on student loans before President-elect Donald Trump takes office, including finalizing some debt forgiveness it already approved.

With just under a month left in his administration, President Joe Biden managed to fulfill one of his campaign promises, forgiving the student debts of nearly 55,000 borrowers. Do

President Joe Biden's administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers.

The Biden administration withdrew some of its top education proposals on Friday, including its plans to overhaul federal student loans and to set rules around the participation of transgender athletes on school sports teams.

The Biden administration has cancelled $180 billion in student loan debt. Other forgiveness options remain at risk.