Student Loan Forgiveness: Biden Cancels Debt for 150,000 More Borrowers
With just one week left in his presidency, President Joe Biden announced a new round of student loan forgiveness for 150,000 borrowers. Although he fell short of his broader promise to cancel student debt on a larger scale, the White House confirmed in a press release that Biden has now forgiven loans for a total of 5 million borrowers during his term. According to NBC News, Biden stated that he has âforgiven more student loan debt than any other administration in history,â highlighting the administrationâs aggressive efforts to address the student debt crisis. Biden Student Loans: Expansion of Public Service Loan Forgiveness The most recent