by Emily Goodin at Daily Mail
- 3.6 million borrowers will have had $127 billion in debt wiped out by Biden
- He’s been searching for alternative ways to ease debt relief after the Supreme Court canceled his original plan
- ‘Americans who are saddled with unsustainable debt in exchange for a college degree has become the norm,’ Biden said
President Joe Biden canceled another $9 billion in student loan debt, giving relief to 125,000 borrowers.
The move came as borrowers prepare for payments to restart after a three-year pause that began during the COVID-19 pandemic.
‘Americans who are saddled with unsustainable debt in exchange for a college degree has become the norm,’ Biden said in remarks at the White House.
He argued canceling student loan debt is good for the economy as borrowers will spend their payment money on other items…
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