US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024.
Daniel Steinle | Bloomberg | Getty Images
In 2023, the Supreme Court blocked Biden’s plan to deliver wide-scale student loan forgiveness for tens of millions of borrowers.
But the Biden administration still managed to wipe away a large share of the country’s outstanding student debt by improving the Education Department’s existing debt relief programs.
“Four years ago, President Biden made a promise to fix a broken student loan system,” said U.S. Secretary of Education Miguel Cardona in a statement.
“We rolled up our sleeves and, together, we fixed existing programs that had failed to deliver the relief they promised, took bold action on…
