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.

  • CharlesDarwin@lemmy.world
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    16 hours ago

    Most likely donvict will make Elon a trillionaire and the dipshits are here for it. Oh and make a few other broligarchs that are already billionaires (which should not even be a thing in this country) even more billions.

    What we should really do is make America great again like the 1950s - very narrowly. Meaning, the top tax rate is 92% for the likes of donvict and his billionaire boyfriends.