"Education Secretary Cardona and VP Harris' Husband Promote Biden's Student Debt Relief Plans"
Education Secretary Miguel Cardona met with teachers and borrowers in New York City to announce a newly proposed federal student debt relief plan that aims to benefit over 30 million people, following the Supreme Court's rejection of President Biden's previous debt forgiveness program. The plan would cancel interest for millions of borrowers, nullify debt for eligible participants in current forgiveness programs, and assist those facing financial hardship. Cardona anticipates pushback from critics but emphasizes the administration's commitment to providing debt relief, especially for first-generation college graduates, many of whom are Black and/or Latino. The plan is expected to undergo a public comment period in the coming weeks.
