Biden Says 16 Million Near Student-Debt Relief as GOP Fights Aid

Breaking Down Biden's Student Loan Forgiveness
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Some 16 million applications for student debt relief will be approved by this week, provided the White House plan survives court challenges, President Joe Biden said Thursday.

Almost 26 million people have applied for up to $20,000 in debt forgiveness since the White House launched the student loan forgiveness application on Oct. 17, Biden said in a series of tweets. Of those applications, a total of 16 million will have been pre-approved by the end of this week.