Biden’s New Student Loan Relief Plan Could Benefit Over 30 Million Borrowers
Officials didn’t specify when the process would be finalized or what would happen if the plan faces legal challenges.
President Joe Biden is slated to travel to Madison, Wisconsin, on Monday to announce a new student loan relief plan that could benefit over 30 million borrowers. The plan would cancel debt for borrowers experiencing economic hardship that hinders them from making loan payments and those who qualify but have not enrolled in existing forgiveness programs for public servants, lower- and middle-income...