Biden sets record in student loan forgiveness as borrowers express lingering frustrations

Politics

1 year ago

News sources:

Credited from: THEHILL

Under **Joe Biden's presidency**, over **$180 billion** in student loans were forgiven, significantly impacting nearly **5 million Americans**.
While recipients are grateful for the relief, many express **frustration with the system**, which they believe continues to hinder millions of borrowers.
The **Public Service Loan Forgiveness (PSLF)** program saw improvements under Biden, allowing some borrowers to receive much-needed debt cancellation after years of payments.
Biden faced setbacks, including a **Supreme Court ruling** that blocked his plan to offer **$10,000 in relief** to all borrowers, causing disappointment among many.
Despite the record achievements in loan forgiveness, the **Biden administration** has been criticized for poor communication regarding ongoing efforts and progress in helping borrowers.

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