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Biden's latest plan for student loan cancellation moves forward as a proposed regulation

  • President Joe Biden's student loan cancellation plan is progressing as a proposed regulation, aiming to fulfill a campaign promise and engage young voters before the November election.
  • The Education Department has initiated the process for the regulation, aiming to implement the loan cancellation announced by Biden last week.
  • This new plan, utilizing a different legal basis, targets canceling or reducing loans for over 25 million Americans, including various forgiveness categories based on different criteria.
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Associated Press NewsAssociated Press News
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Biden's latest plan for student loan cancellation moves forward

President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young

·United States
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  • 73% of the sources are Center
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, April 16, 2024.
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