Biden announces one more round of student debt forgiveness — bringing total to 5 million recipients at $183B cost

WASHINGTON – Outgoing President Biden announced Monday that his administration will forgive federally owned student loans for an additional 150,000 borrowers. This would cost taxpayers an additional $4.23 billion and bring the total number of recipients of benefits during his term to approximately 5 million. Biden, 82, announced in January that he had ordered the […]