The Biden Administration plans to follow through on its promise to expand student loan forgiveness under the Higher Education Act (HEA) in a move that will help borrowers who fit criteria outlined in four specific categories, including those who now owe more than what they borrowed due to interest. [time-brightcove not-tgx=”true”] The Education Department announced on Monday that it was negotiating changes to the HEA to deliver debt cancellation, though the exact parameters of that relief are unclear. “President Biden and I are committed to helping borrowers who’ve been failed by our country’s broken and unaffordable student loan system,” said U.S. Secretary of Education Mig
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