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2023-10-08 23:55:38
The $127 billion number comes from adding up the amount canceled from previous press releases. However, much of this debt has not yet been canceled and the Dept of Ed is actively collecting on this debt. Biden has not released the true amount of cancelation. [Link]
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2023-10-09 00:11:30
The Supreme Court ruled against President Biden's plan to cancel over $400 million in student loans. The President does not have the authority to work around the laws which Congress has passed. [Link]
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2023-10-09 07:59:56
“In total, the Biden administration has approved $127 billion in debt cancellation for nearly 3.6 million borrowers so far. While many have seen their debt zeroed out, some are still waiting as payments resume.” [Link]
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2023-10-09 16:46:43
Whatever the total value of the student loans he says are ‘canceled’, the aren’t canceled at all, Biden is just shifting the payment obligation from the person who took out the loan to all US taxpayers.
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2023-10-09 20:12:51
NNN, Community Notes aren't a place for debates but to correct misleading information
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