Student Loan Forgiveness Panel Gives Biden’s Latest Plan Stamp of Approval

President Joe Biden’s Plan B for broad student debt relief just got one step closer to becoming reality. After hours of talks Thursday and Friday, a group of former students, advocates and experts greenlit an Education Department proposal that could forgive student loans for a broad range of struggling borrowers. The decision comes the same week that Biden forgave more than $1 billion in loans for a separate batch of borrowers, drawing the ire of conservatives in Washington who accused him of trying to “buy votes.” The president says he’s pursuing debt cancellation in every venue he can.