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Corey Turner

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NPR News Now

NPR News: 12-20-2024 7PM EST

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This latest effort for borrowers in the public service loan forgiveness program will provide more than $4 billion in relief. In a statement, President Joe Biden said his administration has now approved relief for nearly 5 million student loan borrowers. The news comes as Biden's largest efforts to provide loan forgiveness have been shut down or remain tangled in the courts.

NPR News Now

NPR News: 12-20-2024 7PM EST

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Over the past four years, the White House has argued that broad loan forgiveness is justifiable, given the enormity of federal student loan debt. While Republicans have countered that forgiveness not only privileges those with some college, it's also a costly use of taxpayer dollars that only Congress, not the White House, has the power to decide. Corey Turner, NPR News.