President Biden is proposing a new student debt relief initiative after the Supreme Court blocked his original plan. The president is offering an alternative student debt plan that will work under the authority of the Higher Education Act. The new program would begin loan repayments, but provide a safety net. He said the plan would […]
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After court rejection, Biden offers alternative student debt plan
President Biden is proposing a new student debt relief initiative after the Supreme Court blocked his original plan. The president is offering an alternative student debt plan that will work under the authority of the Higher Education Act. The new program would begin loan repayments, but provide a safety net. He said the plan would take longer but provide relief to millions of borrowers.