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US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, on April 8, 2024.
Andrew Caballero-Reynolds | AFP | fake images
In his last days in office, president joe biden announced that his administration would forgive student debt for more than 150,000 borrowers.
That relief includes nearly 85,000 people who attended schools that “defrauded and defrauded their students,” 61,000 borrowers with total and permanent disabilities and another 6,100 public service workers, Biden said in a statement.
“From the first day of my administration, I promised to ensure that higher education was a ticket to the middle class, not a barrier to opportunity, and I am proud to say that we have forgiven more student loan debt than any other administration in history “. Biden said.
Since Biden took office, he has forgiven the debt of more than 5 million federal student loan borrowers, for a total of $183.6 billion in relief.
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