Loading...
Market
Story
Biden Administration Forgives $180 Billion in Student Loans, Impacting Nearly 5 Million Americans by January 2025
Jan 2, 2025, 04:47 PM
As of January 2025, the Biden administration has approved approximately $180 billion in student loan forgiveness, impacting nearly 5 million Americans by eliminating their student debt entirely. This achievement marks a historic level of student debt relief, positioning Biden's presidency as the most impactful in this area. While many borrowers celebrate this record-setting forgiveness, there remains a sense of frustration with the overall student loan system. Reports indicate that a significant number of borrowers have not made payments since the end of the pandemic-era federal student loan forbearance, raising concerns about ongoing challenges within the repayment framework.
View original story
Similar markets
Other • 25%
Democratic Party • 25%
Republican Party • 25%
Bipartisan • 25%
Raising retirement age • 25%
Other • 25%
Increasing payroll taxes • 25%
Adjusting benefits • 25%
Medicare for All proposals • 25%
Medicare Advantage reforms • 25%
Other healthcare issues • 25%
Prescription drug pricing • 25%
Elizabeth Warren • 25%
Alexandria Ocasio-Cortez • 25%
Bernie Sanders • 25%
Other • 25%
Infrastructure • 25%
Disaster Relief • 25%
Healthcare • 25%
Defense • 25%
No proposal • 25%
Democratic Party • 25%
Republican Party • 25%
Independent • 25%
Disaster aid allocation • 25%
Agricultural assistance • 25%
Other spending priorities • 25%
Debt limit and fiscal responsibility • 25%
Social Security fraud prevention • 25%
Other • 25%
Social Security Trust Fund solvency • 25%
Social Security Fairness Act impacts • 25%
Healthcare and social services • 25%
Debt ceiling • 25%
Disaster and agricultural aid • 25%
Defense spending • 25%
Infrastructure investment • 25%
Education and research • 25%
Defense spending • 25%
Healthcare funding • 25%
Debt Limit Increase • 25%
Other • 25%
Infrastructure Development • 25%
Healthcare Reform • 25%