What a great victory!
What a great victory!
That doesn't seem to be accurate: a new debt relief regulatory effort was initiated today, plus a repayment “on ramp” that limits the impact of ending the pause, plus a new income-based time-limited repayment program that will have low income borrowers paying $0. (The last of which was, IIRC, announced in principal around the same time as the forgiveness program, but not finalized in detail.)
https://www.ed.gov/news/press-releases/secretary-cardona-sta...
Regulatory notice on the first part is here:
https://www2.ed.gov/policy/highered/reg/hearulemaking/2023/n...
That's how modern US politics works. They have given up on actually solving problems a long time ago. And people are stupid enough to buy into this nonsense.