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Feds propose ‘student loan safety net’ alongside forgiveness

47 views – WXXV Staff – 2023-01-10 14:15:19

Student Loans
FILE – New graduates line up before the start of a community college commencement in East Rutherford, N.J., on May 17, 2018. (AP Photo/Seth Wenig, File)

WASHINGTON (AP) — The White House is moving forward with a proposal that would lower student debt payments for millions of Americans now and in the future, offering a new route to repay federal loans under far more generous terms.

announced the repayment plan in August, but it was overshadowed by his sweeping plan to slash or eliminate student debt for 40 million Americans. Despite the low profile of…

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