Biden has a new student loan forgiveness plan, and you can join a public hearing on it now

"They can hear what other people are saying," he said. Each person should speak for around four minutes.

There will also be a public comment period down the road, Kantrowitz said, during which anyone can submit their preferences and ideas on the subject.Tuesday's hearing should influence Biden's proposed new rule for delivering people relief. The entire process could take a year or longer, Kantrowitz said.

That's because unlike with Biden's first attempt to forgive student debt quickly through an executive order, this time he's turning to the rulemaking procedure. "If the Biden administration is successful in providing loan forgiveness under the HEA," Kantrowitz said, "borrowers could see forgiveness around the time of the election."

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rep. Taylor Greene warns Biden wants to 'address' issues like education, medical careWhile speaking at the conservative Turning Point Action conference, Rep. Marjorie Taylor Greene, R-Ga., warned that President Biden wants to address issues like education, medical care and rural poverty.
Source: MSNBC - 🏆 469. / 51 Read more »

Student-loan debt forgiveness to benefit borrowers in Texas the mostThe Biden administration's plan to fix the income-driven repayment program will benefit borrowers in Texas the most, data from the Education Department shows.
Source: MarketWatch - 🏆 3. / 97 Read more »