Inside Higher Ed

House Democrats Drop Canceling Student Loans

September 30, 2020

House Democratic leaders dropped the idea of canceling up to $10,000 in student debt for economically distressed borrowers in their scaled-down $2.2 trillion proposal for a new stimulus package. But confusing some higher education advocates, Democrats are proposing to cancel up to $10,000 in debt for economically distressed borrowers with private student loans.

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