Biden Moves Ahead With New Student Loan Relief Plan

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The Biden administration announced new steps in its bid to cancel student loan debt for millions of Americans. This comes after the Supreme Court struck down Biden's original policy in June. The US Department of Education released the new agenda today. It's aimed at prioritizing borrowers who are struggling with financial hardship and those who started repayment. Decades ago, the Department of Education also shared a list of people who will serve on the student loan debt relief committee.