US Education Department sued over Biden's student loan cancellation plan
As of June 30, 43 million borrowers held $1.6 trillion in federal student loans. About $430 billion of that debt will be canceled, the CBO estimated.
US President Joe Biden responds to a question about Ukraine during an event to announce his budget proposal for fiscal year 2023, in the State Dining Room at the White House in Washington, US, March 28, 2022.(photo credit: REUTERS/KEVIN LAMARQUE)ByREUTERS
