ANALYSIS: Democrats, Republicans Step Up With Student Loan Debt Plans

ANALYSIS: Democrats, Republicans Step Up With Student Loan Debt Plans
President Joe Biden speaks on a previous student debt relief scheme as Education Secretary Miguel Cardona looks on in Washington on Oct. 17, 2022. Alex Wong/ Getty Images
Bill Pan
Updated:
0:00

As the Biden administration’s plan to erase more than $400 billion in federal student loan debt failed at the U.S. Supreme Court, both Democrats and Republicans are saying they have an answer to help with the looming student loan default crisis.

To fulfill his campaign promise, President Joe Biden has pledged that he'll still push through a blanket student debt cancellation but using a different legal authority to do so.

Bill Pan
Bill Pan
Reporter
Bill Pan is an Epoch Times reporter covering education issues and New York news.
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