Few issues have vexed the Biden administration like student loan forgiveness. Given that more than 40 million Americans owe money on their student loans, for a total of $1.6 trillion, few issues have such a large impact on so many.
Democrats and progressives have long prioritized this matter, and President Joe Biden promised to fight for significant debt relief before taking office. Even though his ambitious proposal to use his executive authority to forgive $400 billion in student loan debt was ultimately blocked by the Supreme Court, this White House has nontheless made significant progress with targeted relief, and has taken another shot at an across-the-board relief proposal. Nevertheless, many middle- and lower-income borrowers in particular continue to suffer under the burden of student debt, ensuring that this issue will remain front of mind for voters come November.
RELATED STORY: Biden administration announces new round of student loan cancellation
