With the pause in repayment of federal student loans due to end Sept. 30th, the issue is very much still alive, even if it’s not baked into the budget.
that it has begun the process of reviewing regulations on existing, narrower student debt relief programs, including income based loan repayment ; public service loan forgiveness and borrowers’ defenses to repayment, if for example,$1.7 trillion.
” The budget also omitted proposals to reform the American unemployment insurance program and to reduce the price of prescription drugs, though it does call on Congress to lower drug costs, and Biden hasWhile Biden has expressed support for legislation that would forgive federal student loan debt up to $10,000, that’s much less than the $50,000-per-person forgiveness that progressives in Congress including Senate Majority Leader Chuck Schumer and Sen. Elizabeth Warren support.