Vice President Kamala Harris lauded President Joe Biden‘s new plan to reduce or cancel student loan debt for roughly 30 million people, calling it a game changer for borrowers and especially those eligible for public service loan forgiveness programs.
“We don’t pay our teachers nearly what they deserve in terms of the value that they give to our society as a whole,” Harris said Monday during a roundtable discussion in Philadelphia. “Many are silently struggling with student loan debt.”
Biden announced earlier in the day a new plan to transfer partial or full student loan balances from borrowers to taxpayers.
To qualify, debt holders must be in one of five groups, those whose balances are greater than what they originally borrowed, those with loans that were taken out decades
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