Aug. 21, 2022 Updated Sun., Aug. 21, 2022 at 8:40 p.m.
The Biden administration will reveal its plans for student debt relief by the end of this month, Education Secretary Miguel Cardona said Sunday.
Millions of Americans could have their student loans forgiven under a draft plan being worked out at the Education Department, according to published reports.
But details remain up in the air.
“I don’t have a decision for you today,” Cardona said on CBS’ “Face the Nation.”
“But … I will tell you that daily, we’re having conversations about this, and the American folks will hear it before the end of the month.”
Under the draft plan, student debt relief could come automatically for several million borrowers within several months, Politico reported, while other borrowers could apply to qualify.
All kinds of federal student loans, including ones owned by private groups, would be eligible.
President Joe Biden has yet to sign off on the measures.
Cardona also touted an existing debt relief program for educators to help address teacher shortages throughout the country.
Local journalism is essential.
Give directly to The Spokesman-Review’s Northwest Passages community forums series — which helps to offset the costs of several reporter and editor positions at the newspaper — by using the easy options below. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.
Get breaking news delivered to your inbox as it happens.
Updated 8:34 p.m.
Feeling chilled to the bone while fishing in January is an endurable compromise for doing something you love.