President Biden announced on Friday he would be canceling debt for more than 277,000 borrowers. The administration is forgiving $7.4 billion for borrowers in more than 40 states in the latest debt relief program, bringing the total amount of student loan cancellation over Biden’s presidency to $153 billion. The latest loan forgiveness initiative is…
The White House announced another round of student loan debt cancelation bringing the total of student loan debt forgiven to $153 billion for some 4.3 million borrowers since Biden took office.
Missouri Attorney General Andrew Bailey is seeking to squash a nearly eight-month-old program that has waived $1.2 billion in student loans for 153,000 borrowers and limited the payment amounts for