New Biden administration student loan relief proposal more narrow than Supreme Court-rejected plan ...Middle East

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New Biden administration student loan relief proposal more narrow than Supreme Court-rejected plan
The Biden administration is moving forward with a new student loan relief plan that is narrower than its original proposal, which was struck down by the Supreme Court over the summer.  The Department of Education released regulatory draft text on Monday showing the new plan for student debt forgiveness is only targeting specific groups instead of providing cancelation for all 45 million borrowers like officials originally planned last year.  The administration is planning for the debt relief to go to borrowers who have federal student loan balances that are greater than what they originally borrowed, have loans they’ve been paying off for 25 years or more, attended schools with high

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