The Biden administration has approved more than 16 million people for student loan forgiveness

The Biden administration has approved more than 16 million people for student loan forgiveness, per CNBC.

More than 60% of the 26 million people who applied to the program have had their loans sent to servicers for discharge.

In August, President Joe Biden announced that he’d forgive at least $10,000, and up to $20,000, in federal student loan debt for tens of millions of borrowers.

Meanwhile, the Biden administration said in a new court filing that it will ask the Supreme Court to lift an injunction and allow a major student loan debt relief program to resume.

The Biden administration stopped accepting applications for its relief earlier in the month of November after a federal district judge in Texas struck down its plan last week, calling it “unconstitutional.”

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