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With Biden plan in limbo, DOE proposes student loan changes
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With Biden plan in limbo, DOE proposes student loan changes

  • Jan 10, 2023
  • Jan 10, 2023 Updated Jan 13, 2026
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Following up on a plan from President Biden, the Education Department proposed changes to "reduce the cost of federal student loan payments."

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A study says students who work while enrolled in college are about 20% less likely to complete their degrees than similar peers who don’t work.

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The White House will move forward with a proposal that would lower student debt payments for millions of Americans now and in the future, offering a new route to repay federal loans under far more generous terms.

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