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.

  • @IcemanEnglish
    3•1 month ago

    Talking about pulling cards after parroting the “Biden didn’t do anything” line for the hundred time rings a tad hollow.

    • @someguy3
      1•1 month ago

      When in quotations and starts with three (3) "but"s, it’s sarcasm.

      • @IcemanEnglish
        1•1 month ago

        Nobody missed that.

        • @someguy3
          -1•1 month ago

          Then your response makes no sense, any way you read it. I have no interest in this “conversation” any more. Ciao.

          • @IcemanEnglish
            1•1 month ago

            You think what you said isn’t said every time Biden have done anything since the election started? So much for self awareness. Good bye i guess.