The president announced his plan in August after years of protests.
The data shared by the White House shows that almost all of the benefits will go to people who make less than $75,000 a year.
Biden said in the announcement speech that this will allow people to finally crawl out of debt to get on top of their rent and utilities. The loan repayments would be suspended one more time through the end of the year.
Biden's plan was criticized as soon as it was announced, with some saying it was unfair to people who already paid off their loans. McConnell said it was a slap in the face to every family who sacrificed to save for college, every graduate who paid their debt, and every American who volunteered to serve in the military to avoid taking on debt.
The changes to the plan that made more than 600,000 ineligible for relief were announced in September. Some borrowers took out loans under the Federal Family Education Loan Program.
Many are rejoicing in the easing of their debts, but Biden's plan has been criticized for not going far enough. Some have said that the benefits for those with the most debt are little more than a drop in the bucket.
After his benefits come through, 30-year-old Taylor Scrivner will have $54,000 to repay. He said he was excited to have at least a little bit of a breath.
Student loan relief can be applied for here.
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