On Wednesday, the Biden administration announced that it had approved an additional $9 billion in student loan forgiveness. The money will help 125,000 Americans pay off debts they incurred while receiving post-secondary education.
The move comes as the pandemic-era pause on student loan payments comes to an end, forcing students to begin making payments.
It also follows the Supreme Court striking down a previous Biden-backed student loan forgiveness plan in June.
"I promised you that my Administration would continue to use every tool at our disposal to ease the burden of student debt so more Americans can be free to achieve their dreams," President Biden said in a post on X.
Biden pushes $9 BILLION in student loan forgiveness after Supreme Court REJECTS debt relief plan
- by: Jarryd Jaeger
- 2023-10-04
- Source:
The Post Millennial
- 10/04/2023
