Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

BadGimp

(4,107 posts)
Mon Jan 13, 2025, 12:01 PM Jan 2025

Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers

Published Mon, Jan 13 202511:30 AM ESTUpdated 11 Min Ago

In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.

That relief includes nearly 85,000 people who attended schools that “cheated and defrauded their students,” 61,000 borrowers with a total and permanent disability and another 6,100 public service workers, Biden said in a statement.

“Since Day One of my Administration, I promised to ensure higher education is a ticket to the middle class, not a barrier to opportunity, and I’m proud to say we have forgiven more student loan debt than any other administration in history,” Biden said.

Since Biden took office, he has forgiven debt for more than 5 million federal student loan borrowers, totaling $183.6 billion in relief.


As a result of actions like it's easy for Americans to see that Biden and the Democrats are working to improve the lives of working-class Americans.

4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers (Original Post) BadGimp Jan 2025 OP
Not good enough for voters (or borrowers?) to notice, apparently. maxsolomon Jan 2025 #1
The best programs Scubamatt Jan 2025 #3
I don't know that #2 is possible anymore. maxsolomon Jan 2025 #4
The problem is DeepWinter Jan 2025 #2

maxsolomon

(38,408 posts)
1. Not good enough for voters (or borrowers?) to notice, apparently.
Mon Jan 13, 2025, 12:05 PM
Jan 2025

5 million Americans got debt forgiven, Harris came up 6 million short of Biden's 2020 total.

Scubamatt

(273 posts)
3. The best programs
Mon Jan 13, 2025, 12:18 PM
Jan 2025

mean nothing unless: 1) You are constantly trumpeting your success; and 2) You are constantly blunting/rebutting the flood of disinformation coming daily out of right wing and corporate "new" sources.

maxsolomon

(38,408 posts)
4. I don't know that #2 is possible anymore.
Mon Jan 13, 2025, 12:26 PM
Jan 2025

Or that the voters that sat on their hands this time even consume RW Media.

 

DeepWinter

(931 posts)
2. The problem is
Mon Jan 13, 2025, 12:07 PM
Jan 2025

"... would forgive student debt for more than 150,000 borrowers"

There are 175,000 new college students every year. The debt keeps being added faster than paid off or forgiven.

Latest Discussions»General Discussion»Biden's total student deb...