813,000 borrowers to get email from President Joe Biden on student loan forgiveness, White House says

Around 813,000 student loan borrowers will soon receive an email from President Joe Biden notifying them that their debt has been forgiven because of his actions, the White House said Tuesday.

Many borrowers who will get the email likely already knew about the loan cancellation and may have already received that relief. The message directly from the president, less than a year ahead of the 2024 presidential election, makes it clear who was responsible for the relief.

“Congratulations — your student loan has been forgiven because of actions my administration took to make sure you receive the relief you earned and deserve,” the email reads.

Biden has erased $127 billion in student debt so far for more than 3.5 million borrowers — more than any other president in history.

The Biden administration used existing programs, including Public Service Loan Forgiveness and income-driven repayment plans, to deliver the debt cancellation. Previously, the relief under these programs was hard to access.

“The president is committed to fighting for hardworking American families, making sure we get them a little more breathing room, and allowing them to support themselves and their families,” a White House official said on Tuesday.

Biden’s plan to cancel up to $400 billion in student debt for tens of millions of Americans was rejected at the Supreme Court in June.

Republican nominees for president oppose student loan forgiveness.

Former New Jersey Gov. Chris Christie has said that Biden didn’t have the authority to cancel student debt without prior authorization from Congress.

“He knows he’s done something that is illegal and over the top,” Christie said…