The Biden-Harris Administration today took another step in its continued efforts to provide financial relief to significant numbers of student loan borrowers with the release of an updated copy of proposed regulatory text. The proposals build on the Biden-Harris Administrations 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 today with its committee of non-Federal negotiators December 11 and 12. This meeting is the next required public step before the Department is able to sta…
Read the full article at: https://www.ed.gov/news/press-releases/biden-harris-administration-prepares-third-student-debt-relief-negotiation-session