"Biden's Bold Student Loan Forgiveness Plan Unveiled in Wisconsin"

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Source: ABC News
"Biden's Bold Student Loan Forgiveness Plan Unveiled in Wisconsin"
Photo: ABC News
TL;DR Summary

President Joe Biden is expected to discuss a new student loan forgiveness plan during his trip to Wisconsin on Monday, with sources indicating a more targeted approach that requires borrowers to meet specific criteria for relief. The White House has not confirmed details, but the proposed plan aims to address financial hardship and debt exceeding the original amount borrowed due to interest. This comes after the Supreme Court struck down a previous loan forgiveness plan in 2023, ruling that the Department of Education had exceeded its authority. Biden, who has made tackling student loan debt a priority, is set to address this issue in a crucial battleground state.

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