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Transcripts for CNN CNN News Central 20240604 13:58:00

Borrowers on other programs to take advantage of. we have heard from the progressive lawmakers and debt relief advocate groups who have urged the administration to consider the use of the higher education act which is a law from the 1960s. it is unclear if the administration would go down that route, because it could have a complicated legal route as well, but in addition to preparing for the fact that it could be struck down, they are also preparing for possibility that they will be allowed to move forward with this proposal. they would be likely sending out the notice to the borrowers and the servicers ahead, and this is a plan that the administration anticipates could affect up to 40 million student borrowers. there have been 26 million applications submitted with 15 million approved. for the americans who have applied, they don t have to apply again if the program is ....

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