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Excerpt from conservativeroof.com
President Joe Biden unveiled his most recent student loan forgiveness initiative, wiping out $7.7 billion in debt. This brings the total amount of loans forgiven during his administration to $167 billion.
“Today, my Administration is canceling student debt for 160,000 more people, bringing the total number of Americans who have benefitted from our debt relief actions to 4.75 million,” President Biden said in a May 22 statement.