will not need to be repaid, with those who stand to benefit having an average of $35,000 in debt written off.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,” Biden said in a prepared statement., public service workers such as teachers, nurses, and police officers, or people who had loans canceled due to what the administration describes as “fixes” to existing income-driven repayment plans.
“From day one of my administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity,” Biden continued. “I will never stop working to cancel student debt — no matter how many times Republican elected officials try to stop us.”