Biden offers new student debt relief plan, lashes out at GOP after Supreme Court ruling

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Biden said payment requirements for student loans would resume in coming weeks, but that he would work under the authority of the Higher Education Act to begin a program designed to ease borrowers’ threat of default if they fall behind over the next year.

“We do not want to go into excruciating debt for our entire lives to enhance our education,” Voters of Tomorrow, a Gen Z-led organization that promotes the power of young Americans, said in a statement.

The poll suggested that Biden gets credit for his handling of the issue among young adults in particular. Fifty-three percent of adults under age 30 said they approved of Biden’s handling of student debt, compared with only 36% who approved of his job performance overall. Biden bristled at suggestions his efforts to ease student loan burdens got borrowers' hopes up unnecessarily.

The political stakes are especially high since progressive Democrats in Congress and activists have been clamoring for the administration to offer an alternative to Biden's original student loan plan for months, fearing that the Supreme Court would ultimately move to block the president's original efforts.

Wisdom Cole, the national director of the NAACP Youth & College Division, said Black Americans helped put Biden in the White House, so there’s an obligation for him to “finish the job” with his pledges to provide relief for borrowers around the country.

 

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