The Department of Education Just Released a Paper Detailing New Plans for Student Loan Forgiveness. Here's What It Says.
As you've probably heard by now, the Supreme Court rejected the Biden Administration's attempt to forgive as much as $20,000 in federal student loan debt per borrower. Not only did the administration roll out several new initiatives designed to provide relief, but it also is attempting to forgive large quantities of student loan debt through other avenues.
The Department of Education recently released a paper that provides some early details about the upcoming student loan relief efforts. While we're very early in the process, the efforts appear to be targeted at some specific groups of borrowers.
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Source Fool.com
