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Video: Biden Announces Student Loan Forgiveness for 150,000 Borrowers

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Video: Biden Announces Student Loan Forgiveness for 150,000 Borrowers

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Biden Announces Student Loan Forgiveness for 150,000 Borrowers

The plan will cancel $1.2 billion in debt for people enrolled in the SAVE repayment program, who took out $12,000 or less and have made payments for at least 10 years.

Folks, I’m happy to have been able to forgive these loans because when we realize and relieve Americans of their student debt, they’re free to chase their dreams. I’m proud to announce our SAVE plan. We are immediately canceling the debt, loans for over 150,000 borrowers, nearly six months ahead of schedule. I promise you, I’m never going to stop fighting for hard working American families. So if you qualify, you’ll be hearing from me shortly. Thousands of people per month – about 25,000 a month or every two months – will be paid in a 50,000 basis but are eligible for relief. And they’ll be getting a letter from me letting them know they’re qualified. And when they get that letter, your debt is going to be forgiven.

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After F.B.I. Raid, Los Angeles School Board Discusses Superintendent

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Video: Blizzard Slams Northeast with Heavy Snow, Disrupting Travel

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Video: Blizzard Slams Northeast with Heavy Snow, Disrupting Travel

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Blizzard Slams Northeast with Heavy Snow, Disrupting Travel

Several cities across the Northeast received at least two feet of snow, bringing many places to a standstill.

“I hope our students enjoy their snow day today and stay warm and safe throughout, but I do have some tough news to share. School will be in-person tomorrow. You can still pelt me with snowballs when you see me.” “It’s probably about the worst I’ve seen. I mean, I was here with the last big storm. I think that was where in 2016 or something. But it wasn’t as bad as this. And the problem is, when the plows come past, they just throw up all the snow. And there’s going to be a big bank here later. So I’m digging it out now to get rid of some of this.” “I do ski patrol on the Lower East Side. I like to check the parks, and sometimes I find people fall in the snow and they can’t get up, like a elderly gentleman went out in his pajamas to get a quart of milk. So, things like that.” “And if you can cook at home, please do so instead of ordering food to be delivered given the conditions. Make an enormous pot of soup and bring some to your neighbors upstairs.”

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Several cities across the Northeast received at least two feet of snow, bringing many places to a standstill.

By Meg Felling

February 23, 2026

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