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.
Biden makes it so you can’t get rid of student loans in bankruptcy, later uses forgiving loans as a reason to vote for him for President. It works. Doesn’t offer to actually restructure the loan system, doesn’t offer to fix higher education, doesn’t really address anything other than a small subset of the issue he himself contributed to earlier in his career. No one is smart enough to care they just want freedom from Biden’s crushing student loans and they’ll vote for Biden to get it who cares if their non-existent children because they’re too poor to have a family would end up in the same situation. They don’t exist.