DAVID MUIR: The other major headline of the White House today involves the president canceling $1.2 billion in student loan debt, more than 150,000 student borrowers. This was a campaign promise, of course, and he continues to push forward on this.
MARY BRUCE: He does, David. And starting today, 153,000 student borrowers will be receiving an email from President Biden, telling them that their student loans are being forgiven- wiping out $1.2 billion in loans. Now, to qualify, you must be enrolled in the president's signature repayment plan, and have a low original balance, less than $12,000. And have been making payments for at least ten years. Now, this is a far cry from what the president initially promised, but after the Supreme Court struck down his initial plan last year, the president is well aware that voters and Americans are feeling frustrated and he wants to show that he is still trying to fulfill this pledge, David.
David: All right, Mary Bruce with us tonight as well on the breaking headlines. Mary, thank you.