President Biden could be bringing financial relief to millions of Americans after reports surfaced noting that the 46th president is exploring student debt relief options to offload the $1.6 trillion in debt.
Biden brought up the issue during a meeting on Monday with members of the Congressional Hispanic Caucus. According to White House press secretary Jen Psaki, the decision on how to move forward with student debt will be made between now and August.
BREAKING: President Biden is looking at different options to forgive most, if not all, federal student loan debt, per @CBSNews. The move could affect more than 43 million borrowers who hold more than $1.6 trillion in federal student loan debt.
— Brian Tyler Cohen (@briantylercohen) April 26, 2022