In his last month in office, US President Joe Biden said on Friday that he was canceling student debts for an additional 55,000 Americans, totaling $4.28 billion in debt.
In a White House statement released Friday, he claimed the mass debt cancellation is for “teachers, nurses, service members, law enforcement officials, and other public service workers who have dedicated their lives to giving back to their communities.”
This latest group of recipients would bring the total number of persons accepted for debt relief under Biden’s administration to “nearly 5 million.”
The departing president declared, “I pledged to ensure that higher education is a ticket to the middle class, not a barrier to opportunity, from Day One of my administration.”
