Biden’s student loan relief rescinded for 770k borrowers ...News

The last-minute change by the White House appears to be designed to defuse legal challenges from multiple states The administration of US President Joe Biden has tweaked its much-hyped student loan relief program to exclude about 770,000 borrowers with private loans guaranteed by the federal government, it announced on Thursday.  The move, revealed via email, appears to be designed to defuse legal challenges from multiple states and a libertarian law firm calling into question whether the Biden administration can use public money to wipe out private student loan debt or do so without congressional approval. Studen

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