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 role will Secretary Cardona play in the new student debt relief approach?

What is the expected timeline for the new student debt relief approach?