Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers
Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers
Did they forgive new debt or are they just discharging debt that legally should already have been forgiven?
Just take the win.
“Public service workers – teachers, nurses, firefighters, and more – are the bedrocks of our communities and our country,” Biden said in a statement.
It’s true. Its not just a debt forgiveness, but it’s an investment in our own collective futures.
4.3.2.1...the Supreme Court will come out and reverse this decision, just like all the other times he has canceled debt.
The Biden/Harris admin has successfully forgiven $175 billion in student loan debt
My understanding is that after the Supreme Court overturned a formalized forgiveness application process, Biden has been using a different method and forgiving specific debt in waves, and that method has neither been challenged nor overturned.
Not likely in these cases, public service debt forgiveness programs have been in place for a long time now.
CNBC - News Source Context (Click to view Full Report)
Information for CNBC:
MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
Wikipedia about this sourceSearch topics on Ground.News
https://www.cnbc.com/2024/10/17/student-loan-forgiveness-biden-public-service-debt.html