President Joe Biden and Vice President Kamala Harris
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Biden-Harris Administration to Provide 804,000 Borrowers with $39 Billion in Automatic Loan Forgiveness as a Result of Fixes to Income Driven Repayment Plans
Discharges are the result of updated counts of progress toward student loan forgiveness
The Department of Education (Department) today will begin notifying more than 804,000 borrowers that they have a total of $39 billion in Federal student loans that will be automatically discharged in the coming weeks. In total, the Biden-Harris Administration has approved more than $116.6 billion in student loan forgiveness for more than 3.4 million borrowers.
President Biden’s State of the Union
Joe Biden’s State of the Union will feature good news. He has much to report – record job growth, record low unemployment, inflation down, and new efforts underway to rebuild our infrastructure, move to renewable energy and start to bring jobs back home.
