$30 Billion in Medical Debt Forgiven—But It’s Just a Start
Written by Site Hub on April 5, 2025
In a historic deal, nonprofit Undue Medical Debt has partnered with Pendrick Capital to retire $30 billion in medical debt affecting 20 million Americans. The average forgiven debt is $1,100, and most relief will go to people in Texas and Florida. While the move is a major victory, advocates say it highlights the need for deeper healthcare reform. Many Americans still face rising medical bills and debt, and systemic solutions remain necessary.
Source: NPR