Posted 1/20/2024, 9:04:42 PM
Biden Cancels Billions in Student Debt Using Existing Programs Amid Broader Forgiveness Setback
- Biden has canceled over $136 billion in student debt since the Supreme Court rejected his broader debt forgiveness plans
- On Friday, $5 billion in debt was canceled for 74,000 borrowers using existing programs Biden fixed
- In total, 3.7 million borrowers have had student debt canceled under Biden
- Republicans condemn Biden's student debt relief efforts as a desperate ploy to buy votes
- A Republican congresswoman accused Biden of making the student debt crisis worse ahead of the election