Student Loan Forgiveness Has Implementation Challenge

“The implementation of President Biden’s widespread, income-targeted student loan forgiveness is shaping up to be a bureaucratic challenge for the Department of Education,” Axios reports.

“The agency doesn’t have income data for most of the 43 million Americans eligible for forgiveness, meaning around 35 million people — including Pell Grant recipients — will have to attest that they makes less than $125,000 per year and apply for relief.”