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Biden Cancels More Student Debt as Activists Urge Outgoing President to Do More in Final Days

HeadlineJan 14, 2025

President Biden announced federal student debt cancellation for another 150,000 borrowers Monday. The relief targets students who were defrauded by their institutions, people with permanent disabilities and public service workers. The latest move brings the Biden administration’s total student debt relief to some $183 billion for over 5 million borrowers.

Student debt activists have been urging Biden to use all legal tools at his disposal to cancel more loans before Trump takes office, including for the most vulnerable debtors such as older people. The far-right-dominated Supreme Court in 2023 blocked Biden’s plan that would have cut up to $20,000 in debt for over 40 million people.

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