After the U.S. Supreme Court struck down President Joe Bidens student loan forgiveness program last month, he vowed that his administration would not give up the fight, swiftly announcing plans to offer debt relief under an alternative authority, the Higher Education Act of 1965.
Unlike Bidens initial plan, which was accomplished by executive order, his second effort requires a process known as negotiated rulemaking, in which stakeholders get a chance to negotiate potential regulations. That process kicked off Tuesday, as the Department of Education convened a virtual public hearing to get feedback on loan forgiveness efforts. (The department is also accepting written comments through July 20th, of which it has received nearly 13,000 by…
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