
President Biden is gearing up to unveil a fresh wave of initiatives aimed at alleviating student debt burdens, potentially benefiting over 30 million Americans, reports the White House.
Set to make the announcement during his speech in Madison, Wisconsin on Monday afternoon, the President's plans aim to automatically cancel debt for the majority of affected individuals, including those with exorbitant interest, attendees of underperforming programs, and borrowers facing financial hardship.