Sunday, December 08, 2024

Last Biden pardon of student loans could cost $600,000,000,000 | The College Fix

...this act would “specify the Secretary’s authority to waive all or part of any student loan debts owed to the Department based on the Secretary’s determination that a borrower has experienced or is experiencing hardship related to such a loan.” - Andrew Gondy - Grove City College 
  • Proposal uses ‘hardship’ as the rubric for granting student loan forgiveness.
  • President Joe Biden’s Department of Education has proposed a student loan forgiveness plan to take effect after President-elect Donald Trump takes office in January...

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