Senate Republicans announced the Lowering Education Costs and Debt Act as their solution to address the student loan crisis, which comes days before the Supreme Court makes a decision on President Bidens Debt forgiveness plan.
The debt forgiveness package aims to provide relief to more than 45 million Americans facing skyrocketing higher education costs.
In August 2022, Biden announced a plan to cancel at least $10,000 in student debt as well as $20,000 for Pell Grant recipients. That plan was met with several legal challenges, two of which landed before the Supreme Court, prompting Republicans to come up with a plan of their own.
Jan Abel is an attorney whos been practicing for 20 years and believes that student loan relief is necessary…
Read the full article at: https://www.news4jax.com/news/local/2023/06/15/republicans-reveal-debt-forgiveness-package-to-combat-student-loan-crisis-amid-supreme-court-decision/