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More than 800,000 student loan borrowers are getting billions of dollars in debt forgiveness this week

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This week, more than 800,000 student loan borrowers with billions of dollars in debt will begin to have their loans discharged.

 
A one-time account adjustment has been announced after the Biden administration said last month that it would forgive student loans for borrowers with a combined $39 billion in federal student loan debt.

So, does the Biden administration have the power to do this?

J.D. Durkin from The Street joins Veronica Dudo to discuss. #debtforgiveness #studentdebt #Biden #collegetuition

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