Article 6E2G5 Biden launches ‘most affordable ever’ student loan repayment plan

Biden launches ‘most affordable ever’ student loan repayment plan

by
Erum Salam
from World news | The Guardian on (#6E2G5)

Announcement comes two months after supreme court struck down Biden's original debt forgiveness plan

Federal student loan borrowers can expect the most affordable student loan plan ever", Biden said in a video address on Tuesday announcing significant changes to the debt from higher education held by over an eighth of the country.

The announcement comes nearly two months after the US supreme court struck down Biden's original student debt forgiveness plan that would have forgiven $20,000 of federal student debt for borrowers who were Pell grant recipients and up to $10,000 of debt for other borrowers.

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