Federal student aid website crashes after Biden debt announcement


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The federal government’s student aid website crashed on Wednesday after President Biden announced $20,000 in student loan relief for Pell Grant recipients and $10,000 for other borrowers.

The site, studentaid.gov, was still down due to “high visitor volume” around 9:00 p.m. Eastern Time.

StudentAid.gov experienced outages through Wednesday evening.
(StudentAid.gov)

“A lot of people are interested in our website. As a result, some pages may take longer to load than usual. Thank you for your patience,” a message read at the top of the website once a user has succeeded.

BIDEN ANNOUNCES STUDENT LOAN DOCUMENT AS NATIONAL DEBT SOARS

Down Detector, which monitors outages, was receiving hundreds of reports every 15 minutes beginning around noon Wednesday.

The Department of Education did not immediately respond to a website request for comment on Wednesday.

Biden announced the student debt plan early Monday afternoon, saying he was keeping a campaign “commitment.”

President Biden has announced he is canceling up to $20,000 in student loan debt, at an estimated price of $300 billion.

President Biden has announced he is canceling up to $20,000 in student loan debt, at an estimated price of $300 billion.
(Bonnie Cash/UPI/Bloomberg via Getty Images)

The White House estimates that up to 43 million Americans will receive student debt relief.

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A budget model from Penn Wharton estimated that a $10,000 rebate for borrowers earning less than $125,000 will cost taxpayers about $300 billion.

The Democratic Party’s progressive flank was pushing for the president to forgive up to $50,000 in debt for each borrower, resulting in a price tag of $980 billion, according to the Penn model.

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