"Biden Unveils Ambitious Student Loan Relief Plan Amid Coalition Challenges"

1 min read
Source: Milwaukee Journal Sentinel
"Biden Unveils Ambitious Student Loan Relief Plan Amid Coalition Challenges"
Photo: Milwaukee Journal Sentinel
TL;DR Summary

President Biden is expected to announce a new student loan forgiveness program during his visit to Madison, nearly a year after his initial attempt was struck down by the U.S. Supreme Court. The new program, to be unveiled next week, will be smaller and targeted towards specific types of borrowers, relying on the Higher Education Act for legal standing. This comes as student loan relief remains a top issue for younger voters, with Wisconsin's 700,600 borrowers holding $21.4 billion in federal student loan debt.

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