President Biden said Wednesday his administration has approved $9 billion more in student loan forgiveness as he pledged to continue to look for ways to deliver debt relief to borrowers despite opposition from conservatives.
My administration will continue to use every tool at our disposal to help ease the burden of student debt so more Americans can be free to achieve their dreams, Biden said during a briefing at the White House. Its good for our economy, its good for our country, and its going to change their lives.
The debt cancellation announced Wednesday affects 125,000 borrowers benefiting from three existing federal relief programs. It comes as millions of people with federal student loans are resuming payments on their debt …
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