Summary

President Biden announced student loan forgiveness for 150,000 additional borrowers, raising the total to over 5 million under his administration.

The latest beneficiaries include borrowers defrauded by schools, individuals with disabilities, and public service workers.

Biden emphasized his focus on expanding pre-existing forgiveness programs after his broad plan was struck down by the Supreme Court in 2023.

Conservatives and Trump argue the efforts overstep executive authority and unfairly shift costs.

Biden called the initiative a fulfillment of his promise to reduce financial barriers to education.

  • Eugene V. Debs' Ghost@lemmy.dbzer0.com
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    18 hours ago

    Liberals would rather treat complying with helpful laws set up a decade ago is a win to secure the vote (if we get to vote ever again) when he failed to cancel debts that he literally set up as a Senator.