US President Joe Biden needs the support of young voters as he seeks re-election in November. (AP PHOTO)
The Biden administration will cancel $US7.4 billion ($A11.4 billion) in student debt for 277,000 borrowers, the White House says.
Subscribe now for unlimited access.
or signup to continue reading
All articles from our website & app
The digital version of Today's Paper
Breaking news alerts direct to your inbox
Interactive Crosswords, Sudoku and Trivia
All articles from the other in your area
President Joe Biden announced plans to ease student debt earlier this month that would benefit at least 23 million Americans, addressing a key issue for young voters whose support he needs as he seeks re-election in November.
Biden, a Democrat, pledged in 2023 to find other avenues for tackling debt relief after the Supreme Court in June blocked his broader plan to cancel $US430 billion ($A661 billion) in student loan debt.
Australian Associated Press
DAILY DURING OLYMPICS
The Olympics Breakfast
Wake up to a tasty serving of overnight news and excitement from the 2024 Olympic Games in Paris.
