🌟 [ 40 ]   Part 1: Joe Bidens new Student Loan Plan [ @Washington Post Universe ]

President Biden has a new plan for student relief. The proposed forgiveness plan is an alternative to the sweeping $400 billion debt relief program that Biden announced in 2022 and the Supreme Court blocked last summer. Since that court defeat, the Biden administration has worked through a negotiated rulemaking process to craft a regulation that achieves large-scale debt cancellation, albeit with a much more targeted approach than the last plan. The Education Department will release a draft rule on the forgiveness plan to solicit public comment in the coming months. But the Biden administration is releasing more details of how the proposal will accomplish the president’s goal of sweeping debt reduction.

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🌈 🔎 Part1JoeBidensnewStudentLoanPlan 🌈