Joe Biden Student Loan Forgiveness 2024. President joe biden has faced blowback from republicans who accuse the administration of transferring the burden to taxpayers and undermining the supreme court, which blocked the white house’s. The latest plan, expected to launch this fall, is intended as a second attempt at mass student debt relief after president joe biden’s first plan was struck down by the supreme court last year.
Today, my administration is canceling student debt for 160,000 more people, bringing the total number of americans who have benefitted from our debt relief actions to. President biden will announce plans to cancel up to $20,000 of the amount a borrower’s balance has grown due to unpaid interest on their loans after entering repayment, regardless of their income.
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