Here's how Biden's new student loan forgiveness plan differs from his first

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President Joe Biden’s new student loan forgiveness plan is narrower than his first effort. For critics of debt relief, that might not make a difference.

President Joe Biden rolled out the details of his Plan B for student loan forgiveness less than a year after the Supreme Court struck down his first attempt at delivering wide-scale education debt relief.President Joe Biden has announced his student loan forgiveness do-over plan.

This time, the Biden administration has narrowed its aid by targeting specific groups of borrowers. It hopes that move will help the new plan survive legal challenges. Are already eligible for debt cancellation under an existing government program but haven't yet applied The new plan also calls for borrowers to get up to $20,000 of unpaid interest on their federal student debt forgiven, regardless of their income.For critics of broad student loan forgiveness, Biden's new plan looks a great deal like his first.Missouri was one of the six Republican-led states — along with Arkansas, Iowa, Kansas, Nebraska and South Carolina — who brought a

 

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