Biden cancels additional $9bn in student loan debt

President's latest approval brings total debt cancellation under his administration to $127bn for nearly 3.6 million people

President Joe Biden has announced an additional 125,000 people have been approved for student debt relief in a total of $9bn.

Biden's latest approval brings the total approved debt cancellation under his administration to $127bn for nearly 3.6 million Americans, the White House said in a statement.