Biden Cancels $1.2 Billion in Student Loan Debt: What To Know
The Biden administration has been working on a new student loan aid package ever since the Supreme Court blocked its first relief plan. Here's who may qualify.

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The story so far
2 developments- Feb 20, 2024Only center coverage:These borrowers are likely to be eligible for Biden's new student loan forgiveness plan
- Feb 21, 2024Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE
Who covered each development
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Quiet for 951 daysLast development · Feb 21, 2024 — Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE
The bigger story
Left
17 viewpointsThe Biden Administration is erasing debts of 150,000 federal student loan borrowers
Center
17 viewpointsAfter student loan forgiveness, the Education Dept. is sending some borrowers refunds. What to know
Right
12 viewpointsBiden administration cancels $1.2B in student loans with new repayment plan
Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE
Biden's $1.2B student debt cancellation is about 'buying votes' to win re-election, says Gov. Noem
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