What Biden Plans to Do Next About Student Debt
SlateThe Supreme Court just undid what was meant to be a signature achievement of President Joe Biden’s presidency: a student debt forgiveness plan that would have provided relief to 43 million Americans. Biden announced two new programs, in part to provide debt relief before federal student loan repayments resume in October. Harvard Law School even examined the secretary’s authority to cancel federal student loan debt and found that HEA does allow for “unrestricted authority to create and to cancel or modify debt owed.” Biden wasn’t clear on exactly how his administration would leverage HEA for issuing student forgiveness, emphasizing only that it would take some time to sort through. Related From Slate How Biden Blew His Own Student Debt Relief Plan These new efforts come in addition to changes the Biden administration has already committed to, like a revamped income-driven repayment program.