Biden’s Student Debt Relief Efforts

Biden immediately launched on developing his “Plan B” for student debt relief after the Supreme Court struck down his sweeping plan to cancel swaths of debt for millions of Americans. His revamped approach to providing relief to borrowers includes several pieces: A rule to forgive ballooning interest, a proposal to address borrowers facing hardship and a student loan repayment plan that lowers monthly payments and caps interest. Fill out the form to access the full Pro Issue Analysis.