White House Offers New Student Loan Payment Plans as Debt Cancellation Held Up in Court
Ask Students: Who does the Biden administration’s new student loan payment plans include? What do the new student loan plans consist of?
Campus of UC Berkeley in California, United States. | Photo credit: brainchildvn
Share
January 18, 2023
Ask Students: Who does the Biden administration’s new student loan payment plans include? What do the new student loan plans consist of?
Share
The Biden administration released a new student loan payment plan that would lower monthly payments for millions of borrowers and pause them completely for some. There’s been a freeze on loan repayments throughout the pandemic, but that’s coming to an end in June. The new proposal comes while plans to cancel some of the debt are held up in court. For a transcript of this story, click here.
How does relieving student loans help individual people? How might Biden’s plan affect the overall economy?
Media Literacy: How could you find out what students think about Biden’s new plans?