Congress Must Approve Large Student Loan Forgiveness
This bill requires the government to get Congressional approval and funding before canceling federal student loans for large groups of people. This means decisions about widespread student debt cancellation would be made by lawmakers, not just the administration.
Key points
Large-scale federal student loan forgiveness requires Congressional approval and funding.
The government must submit a detailed request to Congress for group debt cancellation.
Existing programs for individual forgiveness are not affected.
Status:
Expired
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