President Biden has announced a new plan to address the student debt crisis affecting more than 43 million Americans. The plan aims to provide relief by reducing payments for millions of borrowers and canceling debts to alleviate financial burdens.
The new plan targets specific groups of beneficiaries, prioritizing those facing financial difficulties in repaying student loans. It includes measures such as cutting monthly payments in half, erasing interest balances for low- and middle-income borrowers, and canceling debts for millions.
[
add
]
[
|
|
...
]