President Joe Biden speaks, as he announces a preliminary agreement with Intel for a major CHIPS and Science Act award, during a visit to the Intel Ocotillo Campus, in Chandler, Arizona, U.S., March 20, 2024.President Joe Biden will announce Thursday that about 78,000 public service workers will have their student loans forgiven by his administration.
The debt cancellations will bring his administration's total forgiveness to about $144 billion for nearly 4 million Americans, according to the White House."From day one of my Administration, I promised to fix broken student loan programs and make sure higher education is a ticket to the middle class, not a barrier to opportunity," he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: