Biden forgives $39B in Student-Loan Debt

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President Joe Biden’s administration will automatically cancel $39 billion in student debt for more than 800,000 borrowers, CNBC reported Friday.

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“For far too long, borrowers fell through the cracks of a broken system that failed to keep accurate track of their progress towards forgiveness,” CNBC quoted U.S. Secretary of Education Miguel Cardona as saying.

www.newsmax.com/us/student-debt-biden-forgive/2023/07/14/id/1127099/

 

h/t DOORBERT


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