Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…

Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…

  • @DevCat
    16•10 months ago

    It’s almost $8,000 per person involved. A small enough investment in the future.

    • Suspiciousbrowsing
      3•10 months ago

      I was looking at the later number 138b for 3.9m people. That’s nearly 35k per individual?

      • @DevCat
        3•10 months ago

        Considering the medical field student loans, that probably causes a major increase.