The administration has canceled $127 billion in student debt with hopes to expand those efforts via regulation.
The first of roughly 813,000 student loan borrowers will be notified via email on Nov. 28 that their federal loans were forgiven, the White House has announced.
The email, shared ahead of time with The Epoch Times, includes a message for borrowers from President Joe Biden congratulating them on their debt forgiveness and urging them to share their stories of “what this relief means” to them.
“For too long, the student loan program failed to live up to its commitments – and millions like you never got the relief you were owed because of errors and administrative failures,” the missive reads. “I vowed to fix that, and I’m proud that my Administration has delivered on that promise.”
More than 614,000 of the borrowers set to receive the email will have their remaining federal student loan debt entirely wiped out.
Those…
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