Sunday, June 23, 2024

Joe Biden Announces $6 Billion Student Debt Relief for 78,000 Public Service Workers

Joe Biden - gives speech on democracy and Trump in Phoenix - screenshot
Joe Biden – gives speech on democracy and Trump in Phoenix – screenshot

*The Biden administration announced the forgiveness of nearly $6 billion in student debt for 77,700 borrowers.

The recipients are set to receive an email from President Joe Biden informing them of their debt cancellation.

The White House stated that individuals eligible for the latest round of student loan forgiveness include public service employees such as teachers, nurses, social workers, and firefighters.

These public service workers have dedicated their careers to serving their communities, but because of past administrative failures, never got the relief they were entitled to under the law,” Biden said in a statement.  

“From day one of my Administration, I promised to fix broken student loan programs and make sure higher education is a ticket to the middle class, not a barrier to opportunity. I won’t back down from using every tool at my disposal to deliver student debt relief to more Americans, and build an economy from the middle out and bottom up,” the statement continued. 

Student Loan Debt
Student Loan Debt

“For too long, our nation’s teachers, nurses, social workers, firefighters and other public servants faced logistical troubles and trapdoors when they tried to access the debt relief they were entitled to under the law,” said U.S. Secretary of Education Miguel Cardona. “With this announcement, the Biden-Harris Administration is showing how we’re taking further steps not only to fix those trapdoors, but also to expand opportunity to many more Americans.”

Last year, the Supreme Court blocked the administration’s student loan forgiveness plan, rejecting a program aimed at delivering up to $20,000 of relief to millions of borrowers struggling with outstanding debt, per CNN.

The decision was 6-3, with Chief Justice John Roberts writing for the conservative supermajority.

*The article contains additional reporting from CNN’s Ariane de Vogue and Tierney Sneed.

READ MORE: Supreme Court Blocks Biden’s Student Loan Forgiveness Program | VIDEO

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