Student Loans February 21, 2024 5:55 pm President Biden cancels $1.2 billion of federal student loans During his visit to Los Angeles, President Biden announced he was cancelling student loans for almost 153,000 people. Karma Dickerson reports for the NBC4 News on Feb. 21, 2024. US & World Videos 2:20 Millions expected to travel for Memorial Day weekend 2:42 Fire damages century-old church in South Los Angeles 4:33 See the latest Kobe Bryant mural in Watts 2:08 Founder of Porto's Bakery dies at 92 2:01 How ‘Super Size Me' director helped bring change to LAUSD