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Biden announces $1.2 million in student loan forgiveness

About 153,000 student loan borrowers enrolled in the Saving on a Valuable Education plan will receive emails from President Biden Wednesday telling them that their debts are being forgiven. The administration is forgiving around $1.2 billion in debt overall after the Supreme Court rejected an earlier plan to forgive student loan debt.

Here & Now‘s Peter O’Dowd speaks with Danielle Douglas-Gabriel, national higher education reporter for the Washington Post.

This article was originally published on WBUR.org.

Copyright 2024 NPR. To see more, visit https://www.npr.org.

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