Biden Finalizes Student Debt Relief Rules

The Biden administration submitted final rule proposals for student debt relief to the Office of Management and Budget on Wednesday, just over a month before he leaves office. The move ends months of speculation over whether the administration would attempt a final push to cancel millions of Americans’ student loan debt before President-elect Donald Trump’s inauguration in January. Biden’s ambitious student loan relief agenda, a keystone of his 2020 campaign, has been repeatedly stymied by federal courts.