Biden To Announce Student Loan Debt Forgiveness

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Biden To Announce Student Loan Debt Forgiveness

President Joe Biden on Wednesday announced steps to address student loan debt, which includes forgiving up to $20,000 for some borrowers and exte

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President Joe Biden on Wednesday announced new steps to address student loan debt, which includes forgiving up to $20,000 for some borrowers and extending the payment freeze one final time until the end of the year.

President Joe Biden on Wednesday announced steps to address student loan debt, which includes forgiving up to $20,000 for some borrowers and extending the payment freeze one final time until the end of the year.

“In keeping with my campaign promise, my Administration is announcing a plan to give working and middle-class families breathing room as they prepare to resume federal student loan payments in January 2023,” Biden said on Twitter announcing the plan.

The President will speak at 2:15 p.m. ET to formally announce the plan. Watch LIVE below.

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