President Biden is vowing to forge ahead with his plan to forgive billions of dollars in student loans, just months ahead of his expected 2024 presidential election rematch with Donald Trump.
Despite a national debt soaring past $34.5 trillion and the U.S. Supreme Court previously serving as a roadblock for such handouts to loan borrowers, the president is again vowing to forgive the borrowed sums.
"From day one, I promised to fix broken student loan programs and make sure higher education is a ticket to the middle class, not a barrier to opportunity," Biden wrote on X.
He added: "I’m not backing down."