Say Goodbye To $15 Billion In Student Loans Thanks To President Biden
Written by Tariq on January 27, 2022
According to Forbes, President Joe Biden has cancelled $15 billion of student loans. That’s more than any other president. More than 675,000 student loan borrowers have benefited. Here is the breakdown, Borrower Defense To Repayment: $1.5 billion, Total and Permanent Disability: $7 billion, ITT Tech Students: $1.3 billion, Public Service Loan Forgiveness: $5 billion. Student loan borrowers can expect additional student loan cancellation at least through public service loan forgiveness, total and permanent disability and borrower defense to repayment.
Source: Forbes