President Biden announced Friday that his administration is forgiving $5 billion in student debt for another 74,000 borrowers, marking the latest round of debt cancellation since the Supreme Court voided the president’s student loan forgiveness program.

Mr. Biden said that of the borrowers who can receive relief, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service. Almost 30,000 of those who will have their debt wiped clean have been repaying their loans for at least 20 years, but did not get the relief they earned through income-based plans, the president said.

With the latest round of student loan forgiveness, more than 3.7 million Americans have had their debt erased under the Biden administration, Mr. Biden said.

  • csm10495@sh.itjust.works
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    10 months ago

    Yep. He told Republicans he would stop pausing it to pass funding for the government.

    He should have lied like they would.

    • Snot Flickerman@lemmy.blahaj.zone
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      10 months ago

      I mean, yes?

      It’s time to fucking play hardball with these creeps instead of this milquetoast turn the other cheek bullshit.

      They want to play the game like that, so they are setting the ground rules. Acting like we have to keep one hand tied behind our back during a fight with them is fucking stupid. Get that arm out and throw sand in their fucking eyes.

      Pocket sand!