'Absolutely Still A Chance' For Student-debt Cancellation: Aoc-World-Wire

1 year ago
18

Rep. Alexandria Ocasio-Cortez has some reassuring words for student-loan borrowers concerned about the prospect of broad debt relief.

On Monday night, Ocasio-Cortez took to her Instagram story to answer questions about the current state of affairs in Congress — particularly a government shutdown — and what's next for student loan borrowers. At the end of June, the Supreme Court struck down President Joe Biden's first attempt at broad student-loan forgiveness using the HEROES Act of 2003, which allows the education secretary to waive or modify student-loan balances with a national emergency, like COVID-19.

While the Supreme Court ruled the administration did not have the authority to use that law for broad relief, the Education Department announced the same day as the decision it would be attempting relief using the Higher Education Act of 1965 instead.
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