Comment on Biden's final student-loan forgiveness action has arrived

Biden's final student-loan forgiveness action has arrived

President Joe Biden announced his final student-loan forgiveness action.Alex Wong/Getty ImagesBiden announced an additional $600 million in student-loan forgiveness.The relief impacts defrauded borrowers and borrowers on income-based repayment plans.This marks Biden's final student-loan forgiveness action before he leaves the White House.Student-loan forgiveness under President Joe Biden has officially reached the end of the road.On Thursday, Biden's Education Department announced over $600 million in debt cancellation for 4,550 borrowers on income-based repayment plans and 4,100 borrowers who the department found were defrauded by DeVry University.This latest announcement marks the final student-loan forgiveness action under the Biden administration."Four years ago, President Biden made a promise to fix a broken student loan system," Education Sec.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News