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Biden cancels another $1.3 billion in student loan debt

President Joe Biden speaks with members of the press before Air Force One at Delaware Air National Guard Base in New Castle, Del., Sunday, March 28, 2021. Biden is returning to Washington after spending the weekend at his home in Delaware. (AP Photo/Patrick Semansky) **FILE**

By Kery Murakami

The Washington Times

The Biden administration announced Monday that it let tens of thousands of people with disabilities off the hook for their student loans at a cost to the taxpayers of $1.3 billion.

Whittling away at the nation’s $1.7 trillion in student debt, the agency will forgive loans to more than 41,000 people with chronic disabilities that prevent them from working, according to the Education Department.

Click the link below to read the rest of this story (subscriber content).

https://www.washingtontimes.com/news/2021/mar/29/biden-cancels-another-13-billion-student-loan-debt/

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