U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said.

Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to cancel hundreds of billions of dollars in debt.

The president’s announcement, planned for 1 p.m. EDT at the White House, will bring the total approved debt cancellation by the Biden administration to $127 billion for nearly 3.6 million Americans, the White House said.

  • goldenlocks@lemmy.world
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    1 year ago

    LMAO if I was rich I wouldn’t be involved in third party politics trying to force concession from the major two parties to alleviate poverty. Dems never gave a single fuck about poverty, and wealth inequality keeps getting worse when they’re in office.

    • jeffw@lemmy.worldM
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      1 year ago

      Rich enough to be divorced from the reality of poverty and not understand the existential threat of the GOP. My god, people just straight up die in states without the Obamacare expansion.