Biden's new student debt cancellation plan.
from Tangle
by Isaac Saul
Published: Wed Apr 10 2024
Show Notes
President Biden's new student loan cancellation plan. On Monday, President Bidenunveiled a new plan that could erase some or all of the college loans for up to 30million borrowers. The plan comes less than a year after theSupreme Court blocked a broader effort that would have forgiven an average of $20,000 for roughly 40 million Americans. Today, around 43 million Americans own about $1.7 trillion in student loan debt, or an average of just over $39,500 per borrower.
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