GovExec Daily: The Biden Student Debt Forgiveness Plan
The Student Borrower Protection Center's Ben Kaufman joins the podcast to talk about how the Department of Education will administer the new White House debt relief program.
Recently, President Joe Biden announced the U.S. Department of Education will cancel up to $20,000 in student debt for Pell Grant recipients and up to $10,000 for non-Pell Grant recipients. The announcement was a culmination of a campaign promise, though the news caused the websites of loan providers and a federal agency to crash in response to an influx of web traffic.
Ben Kaufman is the Director of Research & Investigations at the Student Borrower Protection Center. Prior to joining SBPC, Ben worked as a Financial Analyst at the Consumer Financial Protection Bureau and in investment banking at JPMorgan. He joined the show to talk about the Biden student debt forgiveness plan.
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