President Biden said that of the borrowers who can get their loans forgiven, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service.

President Biden announced Friday that his administration is forgiving $5 billion in student debt for another 74,000 borrowers, marking the latest round of debt cancellation since the Supreme Court voided the president’s student loan forgiveness program.

Mr. Biden said that of the borrowers who can receive relief, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service. Almost 30,000 of those who will have their debt wiped clean have been repaying their loans for at least 20 years, but did not get the relief they earned through income-based plans, the president said.

With the latest round of student loan forgiveness, more than 3.7 million Americans have had their debt erased under the Biden administration, Mr. Biden said.

  • Jaysyn@kbin.social
    112·
    10 months ago

    You expected the 1930’s UK to declare war on another sovereign country due to something that country was doing to their own subjects?

    I don’t think there isn’t a single example of that in written history. You should ask for a pony while you are at it.

    • mathemachristian[he]@lemm.ee
      14·
      10 months ago

      It’s not like they were doing nothing, they were supporting it. They still were benefiting from the nazi turbo-capitalism that was eating people alive up until that beast started to turn on them. Like the US is doing now with Israel and their genocide of Palestinians.

      It’s not like the anti-semitic violence came as a suprise when we attacked Poland. It was clearly already there, so why was there nothing done to reign it in? No sanctions or anything they were very happily, keenly even doing business with Germany which was already stealing and oppressing and heavily militarizing for years prior.