Student Loan Forgiveness: This Financial Aid Expert Unpacks Biden’s New Debt Relief Plan
by CNET
CNET— The Department of Education just shared the first draft of the proposal’s rules, and there’s a lot to break down.
CNBC—Biden administration releases formal proposal for new student loan forgiveness plan. The Biden administration released its new proposal to forgive student debt for millions of Americans. It hopes this plan will survive legal challenges.
CNBC—Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges. After the Supreme Court blocked President Joe Biden's first plan to forgive student debt, his administration set out to create a more viable relief package.
TheBlaze—Biden's student loan debt 'forgiveness' plan could add up to $750 billion to national deficit: Report. The Biden administration's latest plan to wipe out federal student loan debt for millions of borrowers could add up to $750 billion to the national deficit, according to a Tuesday report from the Committee for a Responsible Federal Budget.So far, the White House has announced $150 billion in so-called student loan "forgiveness" programs over the last year following the Supreme Court's June decision to reject unilateral loan cancellations. The previously rejected program would have wiped out $430...