Biden touts his new student debt relief as 'giving people a chance' to succeed

CULVER CITY, Calif. — President Joe Biden announced Wednesday that he’s canceling an additional $1.2 billion in student debt for an estimated 153,000 borrowers, marking the latest in a series of executive actions aimed at tackling a priority for younger voters.

“I promise you: I’m never going to stop fighting for hard-working American families,” he said.

Biden added that forgiving student loans empowers recipients to buy homes, start families and contribute more to the economy.

“That’s all we’re doing: giving people a chance. A fighting chance to make it,” Biden told an audience of dozens, many of whom raised their hands when he asked how many have had student loans.