• The Biden administration announced it would forgive $5.8 billion in student debt for 77,700 borrowers through the Public Service Loan Forgiveness program.
  • It also said President Joe Biden would email another 380,000 public service workers, notifying them that they’re on track to have their debt canceled within two years.

https://www.cnbc.com/2024/03/21/biden-to-forgive-5point8-billion-in-student-debt-for-nearly-78000-borrowers.html

 

Taxpayers will surely pick up the tab — banks always get repaid in full!