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.

  • Wrench@lemmy.world
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    1 year ago

    Yes, we need someone even older to stave off the most common complaint about Biden running for reelection

    • jadegear@lemm.ee
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      1 year ago

      Is the complaint legitimate? Especially hard to make the case for Sanders considering how much of a firebrand he is. Not going to get Sleepy Joe memes out of that.