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Biden canceling student debt for more than 277‚000 borrowers
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Biden canceling student debt for more than 277‚000 borrowers

President Biden announced Friday he would be canceling student debt of more than 277‚000 borrowers.The administration is forgiving $7.4 billion for borrowers in more than 40 states in the latest debt relief program‚ bringing the total amount of student loan cancellation over Bidens presidency to $153 billion.The latest loan forgiveness initiative is coming through various income-driven repayment (IDR) plans‚ including the presidents newly established SAVE program.From day one of...
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