Name: Education Department Pauses Biden Debt Relief Plan, Affecting 8 Million Borrowers
Uploaded: 2024-07-20T22:31:44.000Z
Description: Education Secretary Miguel Cardona announced on Friday that 8 million borrowers enrolled in a newly created repayment plan would be placed in an interest-free forbearance. This comes after a federal appeals court on Thursday temporarily blocked the plan that the Biden administration launched last year.

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Education Secretary Miguel Cardona announced on Friday that 8 million borrowers enrolled in a newly created repayment plan would be placed in an interest-free forbearance. This comes after a federal appeals court on Thursday temporarily blocked the plan that the Biden administration launched last year.

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