The Biden-Harris administration boasted Thursday that $74 billion in student loans for government and public employees have been forgiven.
The administration will use the Public Service Loan Forgiveness (PSLF) program to cancel an additional $4.5 billion in student debt, totaling more than 1 million teachers, firefighters, police officers, nurses, and other government workers since the Biden administration. It was announced that employees would have their debts forgiven.・The Harris administration is established. According to Go to the White House press release. The program was first implemented in 2007 to pay off the debt of people who worked in civil service roles for at least 10 years, but only 7,000 people took advantage of the program by the time Biden took office. .
Vice President Kamala Harris: “Higher education should be a path to economic opportunity, not a lifetime of debt.” said In a separate press release. “That’s why I have spent my career fighting to make education more affordable and reduce the burden of student loans.”
At a rally in front of the U.S. Supreme Court in Washington, DC on June 30, 2023, student loan borrowers called on President Biden to use “Plan B” to immediately cancel student loans. (Photo by Paul Morgi/Getty Images for We The 45 Million)
The Biden-Harris administration has faced numerous obstacles in its attempts to implement a student loan forgiveness program, with numerous courts rejecting the administration’s plans. The Supreme Court ruled in 2023 that Biden’s use of executive power to forgive the debt of about 40 million Americans was unconstitutional. (Related: Powerful unions demand student loan abolition and ‘immigration reform’ under President Harris)
“Our administration has forgiven more than $170 billion in student loans for nearly 5 million people across the country, more than any other administration in history,” Harris continued in the press release. “And while Republican elected officials will do everything in their power to prevent millions of their constituents from receiving this much-needed economic relief, I will continue to cut costs and expand higher education.” We will continue to work to make it more affordable and reduce the burden of student loans.”
Harris intends to “continue to work to eliminate the undue burden of student loan debt.” According to Go to the official campaign site. According to the announcement, the Ministry of Education is encouraging civil servants to encourage more employees to take advantage of the program.
The national debt has increased by more than $7 trillion since the Biden-Harris administration took office, surpassing $35 trillion for the first time in July.
The White House and Harris campaign did not immediately respond to requests for comment from the Daily Caller News Foundation.
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