Watch: Biden speaks in California as administration to forgive $1.2bn student debt
Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
Andrew Feinberg
White House Correspondent
Watch as Joe Biden gave a speech in Culver, California, on Wednesday, 21 February, as his administration announced that it will forgive $1.2bn in student debt for over 150,000 borrowers.
The US president has announced the approval to forgive student debt for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan, which was originally planned for July, the White House said.
Loan forgiveness will go to those who have been in repayment for 10 years or more and originally took out $12,000 or less.
On Wednesday, Mr Biden is concluding a two-day visit to the Southland.
He will issue an executive order addressing security at US ports and further action to strengthen maritime cybersecurity, the US’s industrial base, and supply chains, according to a White House statement.
Mr Biden’s visit came as his brother, James Biden, gave his opening statement for his testimony in the Republican impeachment inquiry.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments