Student Loans: Biden Announces Extra $9B in Debt Relief for 125K Americans

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OCT 2023

Image copyright: Wikimedia Commons

story last updated JAN 31

The Spin

Democratic narrative

Millions of borrowers are eligible for student debt relief but have been unable to access the support they are qualified for. Biden is working to remove these barriers to access and fix this broken system in order to support hardworking Americans.

The Associated Press

Republican narrative

Relieving student debt is unfair to those who will be paying for it but not reaping the benefits of a college education and will undermine the positive effects of the Inflation Reduction Act. Additionally, relieving student debt merely distracts from the real problem of the spiraling costs of college and a nationwide lack of affordability.

Metaculus Prediction

Public Figures

Joe Biden

Articles on this story

Biden proposes student loan debt relief for borrowers ‘highly likely’ to default

USA TodayAUG 2023

How struggling student-loan borrowers could qualify for debt cancellation under Biden's second attempt at relief

Business InsiderAUG 2023

Biden Administration Releases Major Details On New Student Loan Forgiveness Plan Tied To Hardship

Switching Plans Could Be A Costly Student Loan Forgiveness Mistake For Some Borrowers

Parents who took on student debt for their kids have 'extremely limited' options for loan forgiveness and cheaper monthly payments — but Biden can change that, 9 Democratic lawmakers say

Business InsiderAUG 2023

Biden administration looks to expand student loan forgiveness to those facing ‘hardship’

Associated PressAUG 2023

Bias Split Public Figures Controversies

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© 2025 Improve the News Foundation. All rights reserved.Version 6.14.0

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.14.0