The proposals build on the Biden-Harris Administration's actions to date to provide student loan borrowers with much-needed breathing room. Already, the Administration has approved a total of $127 billion in student debt relief for 3.6 million borrowers through a variety of actions.
The U.S. Department of Education (Department) will discuss the proposed text released with its committee of non-Federal negotiators on December 11 and 12. This meeting is the next required public step before the Department is able to start working on draft rules, which will be released for public comment next year. In addition, the Department continues to consider relief options for borrowers experiencing financial hardship that the current loan system does not address and will be dedicating time to this topic in the upcoming negotiating session.
Denne historien er fra December 15, 2023-utgaven av Scoop USA Newspaper.
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Denne historien er fra December 15, 2023-utgaven av Scoop USA Newspaper.
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