WASHINGTON – On Wednesday, President Joe Biden’s administration announced an additional $7.7 billion in student debt relief for around 160,000 Americans.
“I will never stop working to cancel student debt — no matter how many times Republican elected officials try to stop us,” President Joe Biden said in a statement.
President Biden has faced blowback from conservative lawmakers who accuse the administration of transferring the burden to taxpayers and undermining the Supreme Court, which blocked the White House’s student loan forgiveness plan last year.
Borrowers affected by the latest round of debt relief were approved through the administration’s SAVE Plan, other income-driven repayment programs, or initiatives for qualifying public service workers.
Information: CNN
