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The Biden administration unveiled its latest effort to forgive as much as $20,000 in debt for some borrowers on Monday after the Supreme Court struck down its original plan last year.
The White House announced the new student loan plan that would cancel debt for at least four million borrowers, provide $5,000 in debt relief to more than ten million, and cut any accrued interest for another 23 million borrowers. That's a huge burden on those who did not take out the loans and
Reactions to former President Trump's abortion announcement were mixed from federal lawmakers, including within the Republican Party.
The proposal would provide debt relief to more than 30 million borrowers when combined with Biden's previous efforts to cancel student loan debt.
The proposal would provide debt relief to more than 30 million borrowers when combined with Biden's previous efforts to cancel student loan debt.