Wednesday, January 8, 2025
HomeloansBiden announces new efforts to provide student debt relief after court loss

Biden announces new efforts to provide student debt relief after court loss

WASHINGTON — President Joe Biden on Friday announced new steps aimed at helping borrowers repay student loans after the Supreme Court invalidated his debt relief plan.
Biden outlined new repayment options that would be available to millions of borrowers, as well as his administration’s plan to provide broader relief.
The president said that once student loan repayments begin on Oct. 1 — after a three-year pause that began during the Covid pandemic — borrowers will have the opportunity to enroll in a temporary 12-month

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