President Joe Biden has announced a new pathway to student loan debt forgiveness following the Supreme Court's 6-3 decision to strike down his original plan. The new plan will allow Education Secretary Miguel Cardona to "compromise, waive or release loans under certain circumstances," and Biden is urging Congress to pass legislation that would make two years of community college free for all Americans. He also vowed to continue pursuing debt forgiveness through a new path that is "legally sound" and will be grounded in the Higher Education Act.
