In its last acts, the Biden-Harris Administration has announced substantial student loan forgiveness initiatives, with nearly $189 billion in total aid impacting over 5 million borrowers. This includes the cancellation of $4.5 billion for 261,000 former students of the defunct Ashford University and an additional $600 million for 150,000 other borrowers. Despite previous challenges and controversy surrounding student debt relief efforts, the administration emphasizes its commitment to supporting those misled by educational institutions and aims to provide significant relief to borrowers as the administration concludes its tenure.