President Joe Biden on Wednesday touted his administration’s efforts to address student debt, including an additional $9 billion in relief that the White House announced.
The additional relief, set to help about 125,000 Americans, brings the Biden administration’s total approved debt cancellation to $127 billion for nearly 3.6 million Americans, Biden said in remarks at the White House.
“This kind of relief is life-changing for individuals and their families, but it’s good for our economy as a whole as well. By freeing millions of Americans from the crushing burden of student debt, it means they can go and get their lives in order,” Biden said.