Biden Lays Out New Plan for Student Debt Relief

The transcript discusses the court's decision to strike down a student debt relief program and the subsequent announcement of a new path for debt relief based on the Higher Education Act. The new approach, led by Secretary Cardona, aims to provide relief to borrowers, especially those economically disadvantaged, despite taking longer to implement. The focus is on moving quickly within legal boundaries to achieve this goal.

What was the speaker's reaction to the court's decision on the student debt relief program?

• The speaker agreed with the decision.

• The speaker was indifferent to the decision.

• The speaker decided to abandon the relief program.

• The speaker believed the decision was a mistake.

What is the new legal basis for the student debt relief plan?

• The Higher Education Act

• The Affordable Care Act

• The Social Security Act

• The Civil Rights Act

Who is responsible for compromising, waiving, or releasing loans under the new plan?

• The Vice President

• The President

• The Supreme Court

• Secretary Cardona

What is the speaker's directive to the team regarding the new approach?

• To seek public opinion

• To move as quickly as possible

• To consult with the court

• To delay the implementation

What action has Secretary Cardona taken regarding the new student debt relief approach?

• He has sought further legal advice.

• He has rejected the new plan.

• He has initiated the new approach.

• He has delayed the process.