President Joe Biden is making strategic moves to bolster his presidential campaign ahead of the general election. This week, he announced the forgiveness of $1.2 billion in student debt, bringing the total amount forgiven to $138 billion. This initiative is aimed at appealing to the youth vote, a crucial demographic for his re-election bid.
Following a Supreme Court ruling that deemed his previous attempt at student debt forgiveness illegal, Biden is now implementing relief in installments. He is personally reaching out to borrowers via email to inform them of the impending debt relief, underscoring the political nature of this move.
