President Joe Biden announced a new bid on Monday to provide federal student loan debt relief to millions of Americans, part of a patchwork of debt relief plans the administration has been stitching together since the Supreme Court struck down Biden’s biggest swing last summer. The new plan offered up on Monday won’t affect nearly as many people as the original plan — but it’s definitely the best workaround that the White House has come up with yet.
A recent poll found that almost half of voters say that canceling student loan debt is a “very” or “somewhat” important issue to them when they head to the polls in November, a number that skyrockets when you look at younger Democrats specifically. Since the main relief effort was nixed last year, the administration has been scrambling to offer up proof that it’s trying to follow through on its plans even in the face of a hostile Supreme Court and do-nothing Congress.
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