The Biden administration said Friday that is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers.
The Biden administration said Friday that is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers.
Under President Joe Biden, the Department of Education has made it easier for some specific groups of borrowers, like public sector workers, to qualify for loan forgiveness. It also launched a new repayment plan that creates a shorter pathway to loan forgiveness for many low-income borrowers – and is at issue in at least two legal challenges from Republican-led states.
In total, the Biden administration has authorized the cancellation of $153 billion in student loan debt for nearly 4.3 million people. That’s more than 9% of all outstanding federal student loan debt.
Jfc, what do you people want him to do? Intransigent congress and corrupt supreme court basically means any comprehensive forgiveness is DOA. This is going to help people, bottom line.
Wait, I forgot, yours is a bad faith argument. Das vadanya
It's specifically because it's lemmy that it does. The more freedoms a platform has the more of them come out of the wood work. Hence 4chan being so full of them.
You sure? you evil swines and your president "who isn't a king" has no problem when you have to send weapons for genocide or murder millions of people abroad or is immune to war crimes.
"Seethe mother fucker" coming from a guy who talks at you like an anime villain and accidentally contradicts his own point about the U.S. legislative process. Take a break bro.