👏🏻The #Biden administration announced $7.4 billion more in #StudentLoan cancellations, bringing its total of such debt relief to $153 billion. The administration said the 277,000 people it identified would be notified by email on Friday -NYT
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“#Biden will announce new effort to reduce or elim #StudentLoan debt for millions of borrowers, attempt to revive his goal of providing large-scale relief for Americans struggling to pay off their college loans..
Biden expected to preview new regulations by Education Dept targeting millions of borrowers, incl those whose loans have ballooned bc of accrued interest & others who can demonstrate financial hardship impeding repayment”