Biden administration plans to make sweeping changes to ‘broken’ student loan system
Economy And Jobs,Student Loans,Joe Biden,Higher Education,Debt,Education,Miguel Cardona,Department Of Education
From the Left
AllSides Media Bias Rating: Lean Left
The Biden administration announced Wednesday it was moving to make sweeping changes to the federal student loan system, including making it easier for public servants to get debt forgiveness and setting new limits on the accrual of interest.
“We are committed to fixing a broken system,” U.S. Secretary of Education Miguel Cardona said, in a statement.
Key elements of the proposal include:
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