The Biden-Harris Student Loan Plan Explained
The Biden-Harris Student Loan Plan Explained
On August 24, President Biden announced a three part plan to tackle student debt as families continue to recover from the additional struggles associated with the COVID-19 pandemic. This includes providing targeted debt relief, making the student loan system more manageable, and reducing the cost of college. The most pressing matter for borrowers was the debt relief strategies outlined by the President, specifically; how it works, who is eligible, and what steps need to be taken to maximize debt relief.