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Biden administration is forgiving $1.2 billion in student debt for 153,000 borrowers. Here's who qualifies.

Posted on AllSides February 21st, 2024
From The Left

The Biden administration on Wednesday said it is automatically forgiving $1.2 billion in student debt for 153,000 borrowers. Loan holders whose debt will be discharged will receive an email from President Joe Biden today informing them of the forgiveness, the Department of Education said. 

The debt relief is the latest push from the White House to address the nation's $1.77 trillion in student debt after the Supreme Court last year invalidated the Biden administration's plan for broad-based student loan forgiveness. That plan would have helped more than 40 million borrowers each wipe...

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https://www.cbsnews.com/news/student-loan-forgiveness-1-2-billion-save-plan-what-to-know/

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