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this post was submitted on 21 Mar 2024
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This is the best summary I could come up with:
WASHINGTON — President Joe Biden announced Thursday that the White House has approved the cancellation of nearly $6 billion in federal student debt for thousands of public service workers.
"These public service workers have dedicated their careers to serving their communities, but because of past administrative failures, never got the relief they were entitled to under the law," Biden said in a statement touting the move.
“From day one of my Administration, I promised to fix broken student loan programs and make sure higher education is a ticket to the middle class, not a barrier to opportunity,” Biden continued.
“I won’t back down from using every tool at my disposal to deliver student debt relief to more Americans, and build an economy from the middle out and bottom up.”
Starting next week, the White House will also email about 380,000 borrowers to inform them that they are on track to have student debt canceled within two years.
Last year, the Supreme Court invalidated Biden's more far-reaching student loan debt relief plan, arguing that it was unlawful because Congress did not explicitly approve the move.
The original article contains 275 words, the summary contains 184 words. Saved 33%. I'm a bot and I'm open source!