JUST IN – Biden admin forgives $39 billion in student loan debt to more than 800,000 borrowers
— Insider Paper (@TheInsiderPaper) July 14, 2023
President Joe Biden’s administration will automatically cancel $39 billion in student debt for more than 800,000 borrowers, CNBC reported Friday.
“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.
https://www.newsmax.com/us/student-debt-biden-forgive/2023/07/14/id/1127099/
h/t DOORBERT