The Biden administration announced on Thursday that over one million people have had their federal student debt canceled through a program that offers forgiveness to public service workers, a major milestone in its pursuit of expansive student debt relief.
An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.
Holy shit. The NYT said something good about Joe Biden. There indeed has been a disturbance in The Force.
I've gotten about 15k cancelled so far. An absolute life saver.
I know Democrats aren’t always able to keep their promises, but, at least their promises help Americans(not just wealthy ones), and they put in some effort.
I paid off my student loans, but they weren't taken through predatory lenders, so I'm happy to see others get relief/help getting out from under the debt in trying to get ahead.
What percentage were White, Asian and Latin?
They also mistake what happened, the loan interest was forgiven, not the entire loan. A lot of people paid the loan amount off but still was paying on the interest.
A great accomplishment. The debt trap set up by Newt and his Republicans colleagues is a national disgrace.