U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said.

Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to cancel hundreds of billions of dollars in debt.

The president’s announcement, planned for 1 p.m. EDT at the White House, will bring the total approved debt cancellation by the Biden administration to $127 billion for nearly 3.6 million Americans, the White House said.

  • Ducks@lemmy.world
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    1 year ago

    Which brings me back to my first point. It’s a shame everybody has taken out these loans for an education and don’t know anything about how our political system works.

      • Ducks@lemmy.world
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        1 year ago

        Republicans are the ones who sponsored and overwhelmingly supported the bill to extend non dischargeable student loan debt. The conservative court is the one who struck down Biden’s loan forgiveness. The GOP in the house are the ones refusing to include debt relief in funding bills. Nice to know you’re not only ignorant, but you’re proud of it. So this isn’t worth my time anymore.