President Biden to Announce New Student-Debt Relief Measures

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President Biden,Student-Debt Relief,Community College

President Joe Biden is set to roll out new student-debt relief measures during an official visit to a community college in Madison, Wisconsin, on Monday. The measures aim to provide debt relief to millions of Americans, including interest payment cancellation, debt forgiveness for eligible individuals, and loan forgiveness for those with debts older than 20 years.

President Joe Biden is set to roll out new student-debt relief measures during an official visit to a community college in Madison, Wisconsin, on Monday.plans to announce a sweeping new round of student-debt cancellation measures at a Monday appearance at a community college in Madison, Wisconsin, aiming to provide at least some student debt relief to nearly one-in-ten Americans.

Overall, due to this newest set of changes, the Biden administration estimates that more than 10 million people would get over $5,000 in debt forgiven, including 4 million people who would have their outstanding debts entirely forgiven. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting investigations into critical issues facing our country today, or trending stories that make you laugh, we appreciate you. The truth is, news costs money to produce, and we are proud that we have never put our stories behind an expensive paywall.

 

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