On February 21, President Biden announced that nearly 153,000 student loan borrowers would be notified of the cancellation of their federal student loan balances. The email that will officially notify borrowers will contain a congratulatory message from Joe Biden.
The current US administration emphasizes that it was the one that resolved the issue of US student loan debt.
Against the backdrop of the intensifying election campaign, and especially against Special Prosecutor Gura’s discrediting report on Baden’s ability to continue to lead the country, this political move will help the incumbent President attract the young American electorate.
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