The US Department Of Education Clears Student Loan Debt For 804,000 Borrowers

Following the announcement of the student loan forgiveness, the borrowers are set to retire, support their children, and more.

While the group has been celebrating, the Cato Institute and Mackinac Center for Public Policy sued the administration because the announcement “lacked the authority to forgive the outstanding debt,” per the outlet. However, the lawsuit was dismissed.