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.

  • @someguy3
    1•17 hours ago

    revise /rĭ-vīz′/ intransitive verb

    To alter or edit (a text). To reconsider and change or modify: synonym: correct.
"I have revised my opinion of him."

    expand /ĭk-spănd′/ intransitive verb

    To increase the size, volume, quantity, or scope of; enlarge: synonym: increase.
"expanded her store by adding a second room."
Similar: increase
To express at length or in detail; enlarge on.
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To open (something) up or out; spread out.
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