President Joe Biden is traveling to Wisconsin to announce details of a new plan to help millions of people with their student loan debt
President Joe Biden is traveling to Wisconsin to announce details of a new plan to ease student loan debt for millions, a trip that comes a week after primary voting in the Midwest battleground highlighted weaknesses for the Democratic president and Donald Trump, his Republican challenger. Biden was making the announcement Monday in Madison, the state's liberal capital and home of the University of Wisconsin's flagship campus.
Biden's new plan would expand federal student loan relief to new yet-targeted categories of borrowers through the Higher Education Act, which administration officials believe puts it on a stronger legal footing than the sweeping proposal that was killed by a 6-3 court majority last year. The plan is expected to be smaller and more targeted than his original plan, which would have canceled up to $20,000 in loans for more than 40 million borrowers.
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