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in Politics

Biden’s latest student debt plan would create forgiveness path for borrowers facing financial ruin

by Editor October 25, 2024, 9:33 am 1.9k Views

Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024.

Andrew Caballero-Reynolds | AFP | Getty Images

The Biden administration introduced a new proposal Friday to deliver student loan forgiveness to Americans who experience “financially devastating hardships.”

Qualification rules are vague, but examples of a hardship that could make a borrower eligible…

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Posted by Editor

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