Biden canceling student debt for more than 277,000 borrowers ...Middle East

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Biden canceling student debt for more than 277,000 borrowers
President Biden announced on Friday he would be canceling debt for more than 277,000 borrowers.  The administration is forgiving $7.4 billion for borrowers in more than 40 states in the latest debt relief program, totaling the amount of student loan cancellation over Biden’s presidency to $153 billion.   The latest loan forgiveness initiative is coming through various income-driven repayment (IDR) plans, including the president’s newly established SAVE program.   “From day one of my Administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity. I will never stop working to cancel student debt – no matter how many time

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