Washington Examiner
President Joe Biden announced possibly his final round of student loan debt relief Monday, bringing the total student loan forgiveness extended over the past four years to more than $183 billion for five million federal student loan borrowers.
Biden announced Monday morning that the latest round of forgiveness will affect 150,000 borrowers, including 85,000 who “attended schools that cheated or defrauded their students,” 61,000 borrowers with permanent disabilities, and 6,100 public servants.
In a statement, the president championed his action on debt, specifically highlighting changes he made to the Public Service Loan Forgiveness program and increasing Pell Grants.
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