Biden Again Tries To Win Over Young Vot­ers With New Stu­dent Loan Bailout

Biden Again Tries To Win Over Young Voters With New Student Loan Bailout

Pres­i­dent Joe Biden, fac­ing poor polling num­bers for a Demo­c­ra­t­ic can­di­date with young vot­ers, announced anoth­er stu­dent loan bailout pro­gram this week ahead of the 2024 pres­i­den­tial elec­tion.
His new plan comes after the U.S. Supreme Court blocked his attempt to this last year because it was ille­gal.
Biden’s new plan would take tax­pay­er mon­ey to wipe out the stu­dent loan debt of over 30 mil­lion bor­row­ers, the White House said. The admin­is­tra­tion said that the actions were specif­i­cal­ly designed to pro­vide relief to black and Lati­no bor­row­ers who attend­ed com­mu­ni­ty col­lege and who are finan­cial­ly vul­ner­a­ble because they took out debt but nev­er had the chance to com­plete their degree.
The plan wou …