President Biden will announce a new effort to reduce or eliminate student loan debt, focusing on borrowers facing accrued interest or financial hardship, following Supreme Court's block of previous debt cancellation attempts.
Proposed regulations by Education Department will aim to provide relief for specific groups of borrowers, but are expected to face legal challenges and may take time to implement.
#student-loan-debt-relief #biden-administration #education-department-regulations #supreme-court-decision #legal-challenges
Collection
[
|
...
]