US President Joe Biden extends student loan forgiveness program, cancelling loans for 35,000 Americans, including teachers, nurses, and first responders.

US President Joe Biden has announced an extension of his student loan forgiveness program by cancelling the loans of 35,000 Americans, bringing the total number of beneficiaries to 4.76 million. The latest move amounts to $1.2 billion in student debt relief. The borrowers who will receive an average of $35,000 in debt cancellation include teachers, nurses, police officials, and first responders.

July 18, 2024
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