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...-president-joe-biden-on-student-debt-cancellation-for-public-service-workers.md
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--- | ||
date: '2024-12-20' | ||
modified_time: 2024-12-19 22:56:19-05:00 | ||
published_time: 2024-12-20 05:00:00-05:00 | ||
source_url: https://www.whitehouse.gov/briefing-room/statements-releases/2024/12/20/statement-from-president-joe-biden-on-student-debt-cancellation-for-public-service-workers/ | ||
tags: statements-releases | ||
title: "Statement from President Joe\_Biden on Student Debt Cancellation for Public\ | ||
\ Service\_Workers" | ||
--- | ||
|
||
Today, my Administration is announcing student debt cancellation for | ||
another 55,000 public service workers, bringing the total number of | ||
individuals who have been approved for student debt relief under my | ||
Administration to nearly 5 million people through various actions. The | ||
public servants approved for debt cancellation today include teachers, | ||
nurses, service members, law enforcement officials, and other public | ||
service workers who have dedicated their lives to giving back to their | ||
communities and who are finally earning the relief they are entitled to | ||
under the law. | ||
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||
Over the last four years, we have made significant progress for students | ||
and borrowers – including securing the largest increase to the maximum | ||
Pell Grant award in over a decade; holding institutions accountable for | ||
taking advantage of students; and fixing broken student loan programs | ||
such as Public Service Loan Forgiveness and Income Driven Repayment. | ||
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||
From Day One of my Administration, I promised to make sure that higher | ||
education is a ticket to the middle class, not a barrier to opportunity. | ||
Because of our actions, millions of people across the country now have | ||
the breathing room to start businesses, save for retirement, and pursue | ||
life plans they had to put on hold because of the burden of student loan | ||
debt. | ||
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||
\### |