Second Try At Loan Cancellation Moves Forward

October 10, 2023 5:10 am

WASHINGTON (AP) — President Joe Biden’s second attempt at student loan cancellation is moving forward as a group of negotiators meets to debate what a new proposal might look like. In a process known as negotiated rulemaking, 14 people chosen by the Biden administration will meet Tuesday 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.