Biden administration moves ahead with new plan to cancel student debt
2023-09-30 07:31:08 source：CGTN
September 29, 2023
The Biden administration announced on Friday the next step in its new plan to cancel people’s student debt after the Supreme Court struck down its original policy in June.
The U.S. Department of Education released its initial agenda of policy considerations for its second attempt at delivering Americans student loan relief. It also shared a list of individuals who will serve on the “Student Loan Debt Relief Committee,” including Wisdom Cole at the NAACP, Kyra Taylor at the National Consumer Law Center and several student loan borrowers.
It appears that the Biden administration will focus on certain groups of borrowers in its new plan, including those suffering from financial hardship or who entered in repayment decades ago.
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