White House cancels $9 billion in student debt for 125,000 Americans

White House cancels $9 billion in student debt for 125,000 Americans

The White House announced Wednesday another round of student loan debt forgiveness months after the U.S. Supreme Court blocked a broader effort by President Joe Biden to cancel some student loan debts. Biden said that an additional 125,000 Americans were approved for $9 billion in debt relief through fixes made to income-driven repayment and Public Service Loan Forgiveness, and by canceling debt for borrowers with total and permanent disabilitie…

White House cancels $9 billion in student debt for 125,000 Americans

(The Center Square) – The White House announced Wednesday another round of student loan debt forgiveness months after the U.S. Supreme Court blocked a broader effort by President Joe Biden

White House cancels $9 billion in student debt for 125,000 Americans

In June, the U.S. Supreme Court struck down Biden's plan to cancel hundreds of billions of dollars in debt through the HEROES Act.

White House cancels $9 billion in student debt for 125,000 Americans | Kiowa County Press - Eads, Colorado, Newspaper

The White House announced Wednesday another round of student loan debt forgiveness.

According to CNN, the White House on Oct. 4 said it had approved an additional $9 billion write-off of student debt for 125,000 borrowers.