President Joe Biden will deliver remarks Friday and "announce new actions to protect student loan borrowers."
US President Joe Biden speaks about the US Supreme Court's decision on affirmative action, in the Roosevelt Room of the White House in Washington, DC, on June 29, 2023.WASHINGTON — The White House in a statement to NBC News said it strongly disagrees with the Supreme Court's ruling against student loan relief but still intends to assist borrowers.
President Joe Biden will deliver remarks Friday and "announce new actions to protect student loan borrowers."against Biden's plan to cancel up to $20,000 in student loan debt per borrower. The venture would have aided an estimated 40 million Americans and forgiven more than $400 million in student loan debt.