- Biden’s administration posted notices to withdraw its broader student-loan forgiveness plans.
- The Education Department wrote that it still stands by the legality of the debt relief among lawsuits.
- The plans aimed to cancel some student debt for over 38 million borrowers.
President Joe Biden’s administration has officially scrapped its unfinished rules for broad student-loan forgiveness.
The Education Department posted notices to withdraw its plans to cancel student debt for over 38 million borrowers. The withdrawal notices were for two of the department’s unfinished debt relief rules. The first rule was Biden’s Plan B for broader debt relief after the Supreme Court struck his first plan down in the…
