Biden administration forgives $4.8 billion in student debt
- S&P, Nasdaq end at records as inflation data supports rate cut view
- Salesforce rolls out first-ever dividend as Q4 results, guidance beat estimates
- Equities gain on in-line US inflation, Treasury yields dip
- Snowflake Q4 results top estimates; CEO retires
- SEC investigating whether OpenAI misled investors in Altman saga- WSJ
U.S. President Joe Biden delivers remarks about the student loan forgiveness program from an auditorium on the White House campus in Washington, U.S., October 17, 2022. REUTERS/Leah Millis/File Photo
WASHINGTON (Reuters) - U.S. President Joe Biden said on Wednesday his administration had approved $4.8 billion in student debt cancellation for 80,300 people.
"This brings the total debt cancellation my administration has approved to $132 billion for over 3.6 million Americans through various actions," Biden said in a statement.
(Reporting by Katharine Jackson; writing by Jasper Ward; Editing by Doina Chiacu)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA's Merrill, Wells Fargo offering spot bitcoin ETFs to clients
- B. Riley launches strategic review for some of its services, shares slump
- Grayscale lobbies SEC to approve options on spot bitcoin ETFs
Create E-mail Alert Related CategoriesPolitics, Reuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!