The two lawmakers have introduced legislation to eliminate the interest on federal student loans.
to take further action to alleviate student loan debt. Biden and the Department of Education have several different income-drive repayment plans currently in place that lower the cost of student loans based on a person's income and family size.
He continued:"This bill is particularly important in the wake of SCOTUS' decision to strike down President Biden's student loan forgiveness program. Students and families are counting onto act on commonsense solutions to lower the cost of college and my bill will help achieve that goal."
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