December 12, 2023
Final Round of Student Debt Relief Talks Begin as Biden Doubles Down on Loan Forgiveness
This is it. More than a year after President Joe Biden first tried to make good on a campaign promise to cancel student loan debt, the final contours of his second attempt should become clear this week. Biden’s original plan for large-scale student loan forgiveness was undone by the Supreme Court in June. It would have canceled up to $20,000 in loan debt and affected as many as 40 million people, or almost every person with federal student loans nationwide.