The White House has approved nearly $144 billion in federal loan forgiveness for about 4 million borrowers in total, according to the administration.

President Joe Biden announced Thursday that the White Househas approved the cancellation of nearly $6 billion in federal student debt for thousands of public service workers.

The 78,000 eligible public service workers include teachers, nurses and firefighters, according to the White House.

It’s the latest student debt cancellation move through Public Service Loan Forgiveness programs, which allow eligible borrowers to have their remaining debt forgiven if they have made a certain number of payments and are working for approved employers.

Last year, the Supreme Court invalidated Biden’s more far-reaching student loan debt relief plan, arguing that it was unlawful because Congress did not explicitly approve the move.

  • @[email protected]
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    288 months ago

    Wait, are you seriously contending that making significant progress on repairing something that’s fundamentally broken and affects a large amount of people for an extended time isn’t a massively positive thing?

    • @Spiralvortexisalie
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      -318 months ago

      I was promised sweeping changes and got more of the same except with trumpets (press releases), the emperor has no clothes.

      • @[email protected]
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        208 months ago

        If it was so broken before that people who had earned it weren’t getting the benefit and now they are, that’s “more of the same”?