Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…

Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…

  • ickplant@lemmy.world
    19·
    7 months ago

    I believe they are doing the best they can, and I’m happy for the people who got their loans forgiven.

    • xmunk@sh.itjust.works
      6·
      7 months ago

      Yup, student loans are awful and non-dischargable debt - any that get paid off are cause for celebration.