Saturday, July 27, 2024

Your Home for

College Admissions News

Thousands Weigh In on Biden’s Debt Relief Plan

 

Biden’s debt relief plan, forgiving student loans for 28 million Americans, receives mixed public responses. Critics label it an election ploy, unfair to those who repaid loans. Supporters argue it’s life-changing relief. The plan, costing $147 billion over 10 years, faces legal challenges. It includes cancelling accrued interest for low-income borrowers and those repaying loans over 20 years. The Education Department received over 65,000 comments, with 6,000 publicly posted. The plan awaits finalization after public comment review.

Read More

 

Related Articles

Latest Articles

×