The Biden administrations second attempt at canceling large swaths of student debt will be aimed at helping borrowers who need it the most, according to a top Education Department official.
James Kvaal, the undersecretary of education, said Tuesday that the administration was moving as quickly as possible under the law to craft a new debt relief program in the wake of the Supreme Courts ruling last month striking down President Joe Bidens initial plan to wipe out up to $20,000 of debt for tens of millions of borrowers.
Our goal is to provide debt relief to borrowers, particularly those working…
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