"Biden's Enhanced Student Loan Forgiveness Plan: What You Need to Know"

TL;DR Summary
President Biden's new student loan forgiveness plan targets specific groups of borrowers, aiming to withstand legal challenges by focusing on narrower criteria. The plan would forgive the debt of eligible borrowers who have been in repayment for 20 years or longer, attended questionable value schools, or are experiencing financial hardship. Critics argue that the new plan resembles Biden's previous effort and anticipate legal challenges similar to those faced before.
Topics:nation#biden-administration#borrowers#higher-education#legal-challenges#politics#student-loan-forgiveness
- Here's how Biden's new student loan forgiveness plan differs from his first CNBC
- Biden is canceling $7.4 billion in student debt for 277,000 borrowers. Here's who is eligible. CBS News
- Biden's income-driven repayment plan SAVE could be boon for those with student loans Star Tribune
- The secret to defeating Biden’s ‘SAVE’ program The Hill
- Biden Administration Cancels $7.4 Billion More in Student Loans The New York Times
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