HarrisBiden admin moves to cancel student loan debt for those with ‘persistent financial burdens’ - Peer2Peer

HarrisBiden admin moves to cancel student loan debt for those with ‘persistent financial burdens’

Oct 25, 2024

Approximately 8 million borrowers “experiencing hardship” would be eligible for the program, which would authorize the secretary of education to “waive up to the entire outstanding balance of a student loan” when it is determined that the borrower is unlikely to pay it off.

https://nypost.com/2024/10/25/us-news/harris-biden-admin-moves-to-cancel-student-loan-debt-for-those-with-persistent-financial-burdens/

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