Executive Branch

Biden Announces Student Debt Relief Plan for Millions of Americans

The Biden administration aims to begin canceling interest balances for borrowers early this fall, before the election.
Biden Announces Student Debt Relief Plan for Millions of Americans
President Joe Biden is joined by Education Secretary Miguel Cardona as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023. Chip Somodevilla/Getty Images
Emel Akan
Emel Akan
Reporter
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0:00

President Joe Biden has unveiled new plans aimed at canceling or reducing student loan balances for millions of Americans after the Supreme Court struck down his large-scale debt forgiveness attempt last year.

The White House expects the latest proposal, when combined with previous actions taken by the administration, to benefit more than 30 million Americans in total.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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