New Student Loan Forgiveness Plan From Biden Could Help Millions Of People. Here’s What You Need To Know

Essence Magazine:

By Melissa Noel ·Updated April 8, 2024

The Biden administration has announced a significant student loan forgiveness plan aimed at providing relief to more than 30 million borrowers. This plan comes as President Biden’s efforts to cancel student debt have faced obstacles, including a blockage by the Supreme Court last year.

By using its existing authority and circumventing Congressional or court approval, the administration has provided relief to millions of borrowers since then.

During

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