Biden's New Student Loan Relief Plan Is Another BFD

7 months ago 3
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Organizers who have tirelessly pushed for student debt cancellation applauded on Monday as President Joe Biden—who years ago dismissed the proposal as "unrealistic"—announced a plan to help tens of millions of Americans burdened with educational debt.

Biden announced his new plan at Madison Area Technical College in Madison, Wisconsin, less than a year after the U.S. Supreme Court struck down his previous program, which would have provided relief to 40 million borrowers by canceling up to $20,000 in debt per person.

Aissa Canchola Bañez, policy director of the Student Borrower Protection Center (SBPC) credited Biden with publicly resolving to find a solution for struggling Americans "only hours after the Supreme Court callously struck down his original debt relief program."

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