Borrowers facing hardship could get student-debt relief under new Biden plan

Borrowers facing significant challenges repaying their student loans, including also having high medical, caretaking or other essential bills, could be eligible for cancellation of their student loans under the Biden administration’s new debt-relief plan. 

The Department of Education said Thursday that it would include borrowers experiencing hardship repaying their student loans in its second stab at broad-based student-loan forgiveness. Officials also provided some detail as to who could be eligible for relief under the hardship…