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.
These programs exist but bureaucratic hurdles prevented people from actually having their loans forgiven.
Biden bypassed all that and just forgave the loans. This is also what he did for the other 5 million loans. Sure you COULD argue he did nothing, but if you ask those 5 MILLION people who were paying loans that should have been forgiven but weren’t until Biden’s executive orders I think they’ll say something different.
I reject this rhetoric that makes him look like a hero “bypassing” hurdles in order to… do the bare minimum required of our government by law. I refuse to let my standards stoop that low.
We’re very happy you can be smug then. Great job.
I’m not smug, I’m tired of my government actively working against my interests and then holding up nothing to pretend they’re on my side.
I’m very happy you can be so blase about our utterly broken country. Great job.
Biden didn’t to jack shit except to undo Betsy DeVos’s sabotage and administer the program in good faith. That’s not heroic; that’s the basic expectation of the job. It only looks heroic in comparison to the previous active sabotage.