President Joe Biden’s plans to deliver widespread student debt relief were dealt a serious blow last year when the Supreme Court struck down his one-time student loan forgiveness program. But he has still managed to cancel more federal student loan debt than any other president.

TLDR: Totalling roughly $144 billion for about 4 million borrows.

Article is from March 29th, 2024

  • Krauerking@lemy.lol
    32·
    7 months ago

    LOL that keeps being my thought of… Wait why is it a good thing we took this long to help people that were scammed and forgive the people that were well past it being owed to them.

    It is sad that we are at praising bare minimum of by the books. We are too used to people being fucked over.

    • givesomefucks@lemmy.worldEnglish
      42·
      7 months ago

      That’s like when they say “Biden forgave more student loan debt than anyone”…

      Well, it wasn’t really an issue until 20 maybe 30 years ago, and few people are paying them off