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.

  • TropicalDingdong@lemmy.world
    0·
    1 year ago

    It’s pretty clear to me the way the DNC has been buying airtime for Newsom that Biden won’t actually be on the ticket in 2024. They’re pulling a bait and switch and we’re in the bait phase.

    I’m promoting Fetterman because I want a real progressive option instead of a force fed Newsom. And as far as playing the game, it is a game of idealistic speeches and sound bytes. It doesn’t matter how Machiavellian you are if you can’t win Iowa, New Hampshire, and Pennsylvania. Fetterman can deliver those states.

    I’m all for staying with Biden for the moment. But the second he starts to waiver, in dropping what I’m doing and joining the Fetterman campaign. Newsom will lose if he runs against Trump.