US President Joe Biden flashes a thumbs-up with First Lady Jill Biden as he leaves the White House for Camp David on July 14 [Manuel Balce Ceneta/AP Photo] The administration of United States President Joe Biden has announced that it will eliminate an estimated $39bn in student debt, in its latest attempt to fulfill one of the Democrat’s central campaign promises.
Friday’s announcement from the Department of Education is slated to affect nearly 804,000 borrowers enrolled in federal income-driven repayment plans, which adjust the amount owed per month according to salary and family size. Keep reading
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See also U.S. Statement – Agenda Item 10 – 62nd Session of the COPUOS Legal Subcommittee
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