The Daily Populous Saturday December 21st, 2024 night edition
Authored by cnbc.com and submitted by Conscious-Quarter423

U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington, DC, U.S. December 10, 2024.

The Biden administration announced Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service.

The relief is a result of fixes the U.S. Department of Education made to the once-troubled Public Service Loan Forgiveness program.

The debt relief comes in President Joe Biden's final weeks in office.

Biden has forgiven more student debt than any other president. He has cleared nearly $180 billion for 4.9 million people with student debt.

Still, Republican-led legal challenges have stymied all of Biden's attempts at delivering wide-scale relief.

HoyAIAG on December 20th, 2024 at 16:58 UTC »

Good luck to all of you. I got my PSLF letter in April of 2022 and being eligible since July of 2021.

noctilucent7 on December 20th, 2024 at 16:41 UTC »

Damn that's crazy that the money relieved is in the billions for only 55k people. That just shows how astronomically expensive schooling is in this country.

Doonce on December 20th, 2024 at 16:07 UTC »

Not a minimization:

This is just PSLF working as intended, it's not like blanket forgiveness.