The Biden administration is officially withdrawing two debt relief proposals aimed at millions of Americans, stating the need for reevaluation amidst legal challenges and public comments.
The Education Department stated that because of various pending court cases and extensive public feedback, it has chosen not to regulate on the controversial issues surrounding Title IX and transgender student participation.
Plans for debt relief, which could have impacted 36 million Americans, have been shelved following the Supreme Court's disapproval of President Biden's previous student loan forgiveness initiative.
The termination of the rule-making process for accreditation and cash management is intended to allow the department to better evaluate recent regulatory changes and educational practices.
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