Biden cancels student loans for another 150,000 borrowers

www.nbcnews.com

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Biden cancels student loans for another 150,000 borrowers

www.nbcnews.com

@MicroWave to

politics English • 2 days ago

The latest tranche of debt forgiveness brings the total number of people benefiting from student loan cancelations to more than 5 million, the president said.

Summary

President Biden announced student loan forgiveness for 150,000 additional borrowers, raising the total to over 5 million under his administration.

The latest beneficiaries include borrowers defrauded by schools, individuals with disabilities, and public service workers.

Biden emphasized his focus on expanding pre-existing forgiveness programs after his broad plan was struck down by the Supreme Court in 2023.

Conservatives and Trump argue the efforts overstep executive authority and unfairly shift costs.

Biden called the initiative a fulfillment of his promise to reduce financial barriers to education.

Chat

@Lost_My_Mind
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25•2 days ago
Well, guess who was vice president in 2013 and 2015.
- @9tr6gyp3
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  16•
  edit-2
  2 days ago
  Damn bro. You didn’t have to do him like that.
  - @[email protected]
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    fedilink
    English
    1•19 hours ago
    Read op posts. He definitely deserves to be done like that.

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