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Biden uses executive action to forgive federal student debt

2 reports, 1 independent Updated Wed 00:00
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New informationRepeats or wire copies

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What happened

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On September 23, 2026, Joe Biden took unilateral executive action to forgive undergraduate tuition-related federal student debt. This action was taken because Congress had not passed new legislation to implement his previous proposal. The administration justified the move by citing the Higher Education Relief Opportunities for Students Act, also known as the HEROES Act, which was signed in 2003.

From townhall.com

Why it matters

Some supportBrind's analysis of the reports

The executive action aims to forgive debt for holders earning up to $125,000. The move utilizes the HEROES Act, which authorizes the Secretary of Education to waive debt. This action could affect the financial burden of millions of borrowers.

From townhall.com

Who's involved

  • Joe BidenPresident who took the executive action to forgive student debt

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Coverage

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