WASHINGTON (AP) — President Joe Biden’s second attempt at student loan cancellation is moving forward with a round of hearings beginning Tuesday to negotiate the details of a new plan.
In a process known as negotiated rulemaking, 14 people chosen by the Biden administration will meet for the first of three hearings on student loan relief.
Their goal is to guide the Education Department toward a proposal after the Supreme Court rejected Biden’s first plan in June.
The negotiators all come from outside the federal government and represent a range of viewpoints on student loans.
That plan would have canceled up to $20,000 in federal student loans for borrowers with incomes below $125,000 or couples below $250,000.
Persons:
Joe Biden’s, Biden, Biden’s, rulemaking, “, didn't, Miguel Cardona, —, ”, ” Biden
Organizations:
WASHINGTON, Education Department, NAACP, Higher, The Education Department, Republicans, Associated Press, Carnegie Corporation of New, AP
Locations:
Carnegie Corporation of New York