Biden’s latest plan for student loan cancellation moves forward as a proposed regulation ...Middle East

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WASHINGTON (AP) — President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election. The Education Department today filed paperwork for a new regulation that would deliver the cancellation that Biden announced last week. It still has to go through a 30-day public comment period and another review before it can be finalized. It’s a more targeted proposal than the one the U.S. Supreme Court struck down last year. The new plan uses a different legal basis and seeks to cancel or reduce loans for more than 25 million Americans. Conservativ

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Last updated : 16 April 2024 clock 04:24 PM

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Biden’s latest plan for student loan cancellation moves forward as a proposed regulation ...Middle East

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