Entering an election year where polls and pundits say he’s lacking enthusiasm among younger voters, President Joe Biden announced plans to resurrect his student loan forgiveness program that was struck down by the conservative-led Supreme Court, the Washington Post reports.
Biden will attempt to extend loan forgiveness to debtors experiencing financial hardship, but after a panel convened by the Department of Education failed to define what constitutes “financial hardship,” the administration will bring together another panel in late February to define the term for policy purposes.
“The Biden-Harris Administration will never stop working to deliver student debt relief for borrowers,” James Kvaal, Undersecretary of Education, said in a statement. “We look forward to discussing another avenue for borrower relief related to hardship at our next negotiation session.”