180billion dollars only helps ~ 5million people.

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BREAKING: Biden administration has withdrawn plan to cancel student loan debt for about 38 million Americans.

— Leading Report (@LeadingReport) December 21, 2024

This should be so eye opening for people how bad this problem is.

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The Biden administration has continued to announce batches of loan forgiveness to borrowers under changes it made to existing federal relief programs. On Friday, it announced another round of relief totaling $4.28 billion for 54,900 public service workers. Officials said that, in total, the administration has forgiven about $180 billion for nearly 5 million Americans.

https://www.politico.com/news/2024/12/20/biden-abandons-student-debt-cancellation-00195608

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