Biden Administration Provides More Student Loan Forgiveness

Slightly more than $1 billion in federal student loan debt will be canceled.

02.22.24
Biden Administration Provides More Student Loan Forgiveness (Getty Images)

California; HaywardIn 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

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