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President Joe Biden is launching another effort to forgive some federal student loan debt after the Supreme Court struck down his initial proposal.

President Joe Biden is launching another effort to forgive some federal student loan debt after the Supreme Court struck down his initial proposal.

President Joe Biden is launching another effort to forgive at least some federal student loan debt after the Supreme Court last week struck down his initial proposal to wipe away as much as $20,000 for borrowers. The White House's new approach is based on the Higher Education Act (HEA) of 1965, which provides government-backed student loans and grants the U.S. Education Department the ability to "compromise, waive or release loans." Further details will be revealed during a rulemaking process: Implementing any changes will take multiple steps over months, the National Economic...

Rethink the news: Reducing news to hard lines and side-taking leaves a lot of the story untold. Progress comes from challenging what we hear and considering different views.