Politics

Biden’s Department of Education Withholds Millions of Dollars to Student Loan Servicer After Billing Statement ‘Errors’ – 800,000 Borrowers Put in Forbearance, Payments Halted

Spread the love


Biden, Department of Education Sec. Miguel Cardona

The Biden Regime will get their student loan bailout one way or another.

The Department of Education announced on Monday it is withholding $7.2 million from a student loan servicer over billing statement errors that affected 800,000 borrowers.

The US Supreme Court in July crushed Joe Biden’s student loan bailout program.

Joe Biden unilaterally announced a massive forgiveness of student loans in August 2022 to buy the Gen Z-Millennial vote in the 2022 midterms.

Biden canceled over $400 billion in student loans which turned out to be up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants.

 » READ MORE