Biden Will Cancel $6.2 Billion Of Student Loans

Posted on AllSides March 10th, 2022
From The Center
(Photo by Chip Somodevilla/Getty Images)

President Joe Biden will cancel $6.2 billion in student loans through changes to student loan forgiveness.

Here’s what you need to know.

Student Loans

There’s more good news for student loan borrowers who are seeking student loan forgiveness. The U.S. Department of Education has identified 100,000 student loan borrowers who are now eligible for student loan cancellation due to the changes the Biden administration made to the Public Service Loan Forgiveness program in October.

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Forbes

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https://www.forbes.com/sites/zackfriedman/2022/03/09/biden-will-cancel-62-billion-in-student-loans-through-changes-to-student-loan-forgiveness/

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