On October 8, 2024, during a visit to the Department of Public Works field headquarters in Milwaukee, Wisconsin, U.S. President Joe Biden addresses his plan to eliminate lead water pipes nationwide during his speech.
As households struggle with rising living expenses since the Covid-19 outbreak, the announcement comes as polls show that the economy is a top issue for voters. More than a million people have had their debt forgiven under Public Service Loan Forgiveness, Biden said in a statement.
Supporting educators, nurses, and others, the initiative promised to eliminate student loans after ten years of public service and ten years of payments. “However, the government broke its promises for far too long, and only 7,000 people were ever forgiven,” Biden stated.
He went on to say, “I will never give up on making higher education accessible.” Higher education “should be a pathway to economic opportunity — not a lifetime of debt,” Harris stated in her own statement. She also pledged to “keep up our efforts to reduce expenses, make higher education more accessible, and alleviate the strain of student loan debt.”
Following Trump’s implementation of a student loan payment moratorium during the coronavirus outbreak, Biden has started working to eliminate student debt for millions of Americans.