President Joe Biden announced the forgiveness of student loan debt for over 150,000 borrowers, bringing the total number of beneficiaries to more than 5 million since he took office. While his broader student loan forgiveness plan was struck down by the Supreme Court, Biden highlighted his administration's focus on expanding existing programs to provide relief to defrauded borrowers, those with disabilities, and public service workers. He also cited improvements to the Public Service Loan Forgiveness program and income-driven repayment plans.
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.With just days left in his term, President Joe Biden announced Monday that his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their
The Biden administration has focused on revising and expanding federal student loan forgiveness programs that existed before Biden took office. That approach allowed the administration to expand loan forgiveness options despite its failure to implement new federal forgiveness programs after the Supreme Court
STUDENT LOANS DEBT FORGIVENESS BIDEN ADMINISTRATION PUBLIC SERVICE LOAN FORGIVENESS HIGHER EDUCATION
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