Joe Biden will cancel $7.4bn in student debt for 277,000 borrowers
by Reuters from World news | The Guardian on (#6M1F8)
Announcement is latest in series of debt cancellations as president addresses key issue for young voters ahead of November election
The Biden administration will cancel $7.4bn in student debt for 277,000 borrowers, the White House said on Friday, the latest in a series of debt cancellations.
Joe Biden announced plans on Monday to ease student debt that would benefit at least 23 million Americans, addressing a key issue for young voters whose support he needs as he seeks re-election in November.
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