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Biden administration is forgiving $1.2 billion in student debt for 153‚000 borrowers. Here&;#039;s who qualifies.
The Biden administration on Wednesday said it is automatically forgiving $1.2 billion in student debt for 153‚000 borrowers. Loan holders whose debt will be discharged will receive an email from President Joe Biden today informing them of the forgiveness‚ the Department of Education said.Â
The debt relief is the latest push from the White House to address the nation's $1.77 trillion in student debt after the Supreme Court last year invalidated the Biden administration's plan...
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