President Joe Biden’s plans to deliver widespread student debt relief were dealt a serious blow last year when the Supreme Court struck down his one-time student loan forgiveness program. But he has still managed to cancel more federal student loan debt than any other president.

TLDR: Totalling roughly $144 billion for about 4 million borrows.

Article is from March 29th, 2024

  • BigMikeInAustin@lemmy.worldEnglish
    21·
    7 months ago

    Good!

    Now do that much again!

    Get people spending their limited paychecks on goods the economy is producing, instead of paying interest to some misers. In the 1%-er’s bank, it will just sit and effectively be taken out of circulation and the economy.