Biden Considers More Student Debt Relief

By The New England Council

DC Shuttle …

Biden Considers New Pause on Paying Back Student Loans, $10,000 Relief. Ahead of the November midterm elections, and in an attempt to engage voters under age 30, President Joe Biden may be considering extending the pause on student loan repayments for several more months. Biden may also be considering forgiving $10,000 in student loan debt per borrower, with the caveat that borrowers must have an income below either $125,000 or $150,000. The president told reporters last week that he hopes to have a decision on extending the pause on repayments by the end of August. A decision on debt relief may follow the pause decision. However, the details of possible debt relief remain undecided. Additional information can be found here.

We publish the DC Shuttle each week Congress is in session featuring higher ed news from Washington collected by the New England Council, of which NEBHE is a member. This edition is drawn from the Higher Education Update in the Council’s Weekly Washington Report of Aug. 1, 2022. For more information, please visit:


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