FACT SHEET: President Biden Announces New Actions to Provide Debt Relief and Support for Student Loan Borrowers | The White House

No President has fought harder for student debt relief than President Biden, and he’s not done yet. President Biden and Vice President Harris will not let Republican elected officials succeed in denying hardworking Americans the relief they need. In light of the Supreme Court’s ruling this morning, President Biden and his Administration have already taken two…

aidan,
aidan avatar

Their new argument that they have the authority through a different law seems more ironclad to me.

As if, and this is total speculation on my part, spending their time on the obviously-gonna-fail one was a way of stalling to make the real forgiveness happen right before re-election

witch_of_winter,

They've previously stated they went with the other law the first time because they thought it would hold up better in court. So I'm not holding my breath.

Drusas,

As a disabled person with student loans, I sure hope these actually help. I'll have to pay out of my private disability insurance payments, and they are not a significant source of income. Income-based repayment is better than nothing, but not by a whole lot when you can't actually earn a real income.

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