US President Joe Biden on Thursday canceled another $4.5 billion in student debt for over 60,000 borrowers, bringing the number of public service workers who have had their student loans canceled to over 1 million.
\nIn total, the Biden-Harris Administration has approved $175 billion in student debt relief for nearly 5 million borrowers through various actions, the White House said in a statement.
\nRepublicans have described the Democratic president\u2019s student loan forgiveness approach as an overreach of authority and an unfair benefit to college-educated borrowers while others receive no such relief.
\nEarlier this month, St. Louis-based US District Judge Matthew Schelp, an appointee of Republican former President Donald Trump, issued a preliminary injunction blocking the Biden administration from \u201cmass canceling\u201d student loans and forgiving principal or interest under the plan, pending the outcome of the state\u2019s lawsuit.<\/p>\n","protected":false},"excerpt":{"rendered":"
US President Joe Biden on Thursday canceled another $4.5 billion in student debt for over 60,000 borrowers, bringing the number of public service workers who have had their student loans canceled to over 1 million. In total, the Biden-Harris Administration has approved $175 billion in student debt relief for nearly 5 million borrowers through various …<\/p>\n","protected":false},"author":4,"featured_media":71766,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-71753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=71753"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71753\/revisions"}],"predecessor-version":[{"id":71771,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/71753\/revisions\/71771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/71766"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=71753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=71753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=71753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}