Biden Cancels $1.2 Billion In Student Loan Debt—Here’s Who Will Benefit

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About 35,000 borrowers will have their student loans forgiven, totaling another $1.2 billion in relief, the Biden administration announced Thursday, the latest round of student loan forgiveness under a program supporting public servants, which was recently updated to eliminate delays.

READ MORE: https://www.forbes.com/sites/tylerroush/2024/07/18/biden-cancels-12-billion-in-student-loan-debt-heres-who-will-benefit/

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Comments

@BlueMagic67 says:

????????????

@stevelyons2744 says:

Not cancled… redistributed … onto people that work for a living

@kgs2280 says:

Good for Joe Biden and good for students! A good education is one of the best investments in the future our country can make, and the colleges, banks and government are just gouging students and making it nearly impossible to manage a better way of life when paying off these outrageous debts for many years. A university education should be free in this country just like it is in a number of European countries, just like free healthcare. The whole level of a country is improved when its people are educated and healthy, unlike what we’ve got going on in the U.S today.

@DremolitoX says:

He's straight up forming the left into a bunch of irresponsible sellouts. Perfect voters for a corrupt govt.

@mr.frederickson329 says:

I had to pay my college loan. May I apply for a refund now? Nooooo. Booooo.

@johnseaberg5028 says:

Buying votes using our coerced taxes

@bobbiecarlisle8674 says:

I'm a student with college debt and I have not received a penny!

@UMCorian says:

Really hope this doesn't fool any desperate folks because this is going to get overruled in the courts before people get a dime from it… and Biden's handlers 100% know this.

@Paragon.. says:

The courts ruled that forcing the tax payer to pay off the debts of others is theft.

Bro send this guy to jail already along with the entire Democrat party.

@Fmanzo10 says:

It’s going to get reversed.

@Cptn.Merica says:

Your Debt is Your problem because Your Debt Is your choice.

@plnthrd says:

How in the hell is this possible when the Supreme Court has already ruled against it?

@sarahadair3861 says:

Cancel my mortgage too!!

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