Biden Announces a Relief worth $1.2 Billion for Americans.
The US president announced on Wednesday, February 21, the forgiveness of loans taken by 1,50,000 Americans worth $1.2 billion by extending his student loan forgiveness program.
The action taken is amid the elections, as the young voters cast ballots for him in large numbers during the presidential elections in 2020.
While a college degree is still a ticket to a better life, that ticket is too expensive. And too many Americans are still saddled with unsustainable debt in exchange for a college degree,
said Biden. He stated that a college degree is important for a ...