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

1 min read
Source: CNBC
"Biden's Enhanced Student Loan Forgiveness Plan: What You Need to Know"
Photo: CNBC
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.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

79%

33569 words

Want the full story? Read the original article

Read on CNBC