"Biden Administration's Expanded Student Debt Relief Targets Borrowers in Hardship"

TL;DR Summary
The Biden administration has expanded its plans to automatically cancel student debt for Americans experiencing financial hardship, proposing a one-time debt relief program that would discharge loans for borrowers at high risk of default. The proposal outlines factors such as household income and loan repayment history to determine hardship, and will be debated in a public hearing next week. This move comes after the Supreme Court struck down Biden's previous attempt to cancel a large amount of student debt, and the administration is aiming to be as expansive as possible within legal limits while expecting legal challenges.
Topics:nation#biden-administration#education-department#financial-hardship#politics#student-debt#white-house
- White House expands plans to cancel student debt POLITICO
- Biden administration reveals who may qualify for student loan relief CNBC
- Student debt relief proposal from Biden could help burdened borrowers USA TODAY
- Biden administration looks to expand student loan forgiveness to those facing 'hardship' The Associated Press
- Some student-loan borrowers have 2 months left to benefit from debt relief Business Insider
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