“Biden Administration Announces Sweeping Student Debt Relief: President Acts Ahead of Schedule, Cancelling Loans for Over 150,000 Borrowers”
… President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…