A tassel with 2023 on it rests on a graduation cap as students walk in a procession for Howard University’s commencement in Washington, Saturday, May 13, 2023. said Thursday he is canceling student debt for 78,000 teachers, firefighters and other public service workers under an existing law.
“For too long, the program failed to live up to its commitments — and public service workers like you never got the relief you are entitled to under the law because of errors and administrative failures,” he wrote. “I vowed to fix that, and I’m proud that my administration has delivered on that promise.”and his Democratic allies. He is trying to keep young voters in his corner after they fueled his 2020 win over former President Donald Trump.
An attempt to revise the Free Application for Federal Student Aid, or FAFSA, form that allows students to apply for college loans suffered a lousy rollout, with some students unable to fill it out.also suffered a setback when the Supreme Court blocked a major plan to wipe out debt for tens of thousands of student borrowers and Pell Grant recipients.