Biden Administration Provides More Student Loan Forgiveness
Slightly more than $1 billion in federal student loan debt will be canceled.
In response to the Supreme Court’s rejection of President Joe Biden’s expansive debt cancellation plan last summer, more than 150,000 people enrolled in a new payment plan received notification Wednesday that their debt will be canceled.
The message, sent to approximately 153,000 student loan borrowers, included a congratulatory note from Biden emphasizing his administration’s commitment to addressing student loan debt and highlighting higher education as a pathway to the middle class.
About $1.2 billion will be forgiven.
Noumaan Faiz, (he/him) is a journalist and entertainer from Hayward, CA who covers culture and entertainment.
Edited by Nykeya Woods