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…

  • @ickplant
    20•10 months ago

    I believe they are doing the best they can, and I’m happy for the people who got their loans forgiven.

    • @[email protected]
      6•10 months ago

      Yup, student loans are awful and non-dischargable debt - any that get paid off are cause for celebration.

    • Suspiciousbrowsing
      1•10 months ago

      Is there any change in the future? Say 5 years from now, will people still get their loans forgiven, or is this only a snapshot payment ?