Biden administration announces $7.4B in student debt relief; 8,100 in North Carolina to benefit ...Middle East

Student loan borrowers stage a rally in front of the White House in 2022 (Photo by Paul Morigi/Getty Images for We the 45m)The Biden administration announced on Friday that it will cancel student loans for 277,000 more borrowers nationwide, including 8,100 individuals from North Carolina. The administration said it’s using existing student loan forgiveness programs such as the SAVE Plan to provide debt relief totaling $7.4 billion to borrowers.  The latest round of debt relief targets borrowers enrolled in the SAVE Plan, other income-driven repayment plans, and public sector workers. Under the Biden administration, the number of people becoming eligible for student loan forgiveness continues

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