Eradicating Student Debt: $39 Billion Loans Forgiven, Reshaping the Path to Social Mobility

In an extraordinary wave of financial liberation, the sum of $39 billion in loans has evaporated for more than 800,000 dedicated borrowers who have been entwined in the grip of repayment for two long decades or more. Like a financial lifeline thrown to those floundering in a sea of debt, over the course of a mere two years, relief has been granted to over 3 million borrowers, totaling a staggering $116 billion rescue package.