U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said.

U.S. President Joe Biden plans to announce on Wednesday that his administration has approved an additional $9 billion in student debt relief for 125,000 borrowers, the White House said.

Biden has said he will pursue new measures to provide student loan relief to Americans after the Supreme Court blocked his plan to cancel hundreds of billions of dollars in debt.

The president’s announcement, planned for 1 p.m. EDT at the White House, will bring the total approved debt cancellation by the Biden administration to $127 billion for nearly 3.6 million Americans, the White House said.

    • thefartographer@lemm.eeEnglish
      926·
      1 year ago

      Choo choo!!! It’s a gravy train! Cuz gravy will be the most fancy thing you’ll ever be able to afford again.

      • Sharkwellington@lemmy.one
        151·
        1 year ago

        We are talking about a living wage. As in, working a job gives you enough money to survive. Are things really that fucked up that people making enough to live off of would wreck the economy? Let it burn, then.

        • thefartographer@lemm.eeEnglish
          1·
          1 year ago

          I think the person I replied to edited their comment. I could have sworn they said something about a train. Good God my reply makes me look like a monster…