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Published 28 days ago

Biden administration preparing to announce new proposals to reduce, cancel student loan debt

  • President Biden plans to expand student loan relief to new categories of borrowers through the Higher Education Act.
  • The updated plan aims to cancel loans for those in repayment for at least 20 years and people facing financial hardship.
  • The plan is expected to be smaller and more targeted than the initial proposal, which was struck down by the Supreme Court in June.
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Associated Press NewsAssociated Press News

President Joe Biden will unveil his new plan to give student loan relief to many new borrowers

President Joe Biden will announce a significant new plan next week to cancel federal student loan debt for new categories of borrowers. It comes nearly a year after the Supreme

28 days ago·United States
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CNNCNN

Biden administration preparing to announce new proposals to reduce, cancel student loan debt

The Biden administration is preparing new proposals aiming to reduce or cancel student loan debt for millions of borrowers, two sources familiar with the plans told CNN, another attempt to address a key issue facing voters before November’s election.

28 days ago·Atlanta, United States
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KRDOKRDO

Biden administration preparing to announce new proposals to reduce, cancel student loan debt

By Arlette Saenz and Betsy Klein, CNN (CNN) — The Biden administration is preparing new proposals aiming to reduce or cancel student loan debt for millions of borrowers, two sources familiar with the plans told CNN, another attempt to address a key issue facing voters before November’s election. The expected proposals come nearly 10 months after the Supreme Court struck down President Joe Biden’s original student loan forgiveness program, which …

28 days ago·Colorado Springs, United States
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KIFIKIFI

Biden administration preparing to announce new proposals to reduce, cancel student loan debt

By Arlette Saenz and Betsy Klein, CNN (CNN) — The Biden administration is preparing new proposals aiming to reduce or cancel student loan debt for millions of borrowers, two sources familiar with the plans told CNN, another attempt to address a key issue facing voters before November’s election. The expected proposals come nearly 10 months after the Supreme Court struck down President Joe Biden’s original student loan forgiveness program, which …

28 days ago·Idaho Falls, United States
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CNBCCNBC

Biden administration will soon roll out a sweeping new student loan forgiveness plan

Borrowers experiencing financial hardship and those who've been in repayment for decades may be among the eligible

28 days ago·United States
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KVIAKVIA

President Joe Biden will unveil his new plan to give student loan relief to many new borrowers

By SEUNG MIN KIM and COLLIN BINKLEY Associated Press WASHINGTON (AP) — President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers, according to three people familiar with the plans, nearly a year after the Supreme Court foiled his administration’s first attempt to cancel debt for millions who attended college. Biden will detail the plan Monday in Madison, Wisconsin, where the flag…

28 days ago·Panama City, United States
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