Education Secretary Tells Students With Loans to ‘Pay What You Can Afford’
Education Secretary Miguel Cardona said on Monday that the department will continue to extend support for student loan holders and look for ways to provide more relief for existing borrowers, two weeks after the Supreme Court struck down a government attempt to forgive millions of such loans.
“The goal is to be able to pay what you can afford. Right now people are falling into default because the college loan payments are too high for the salaries,” Mr. Cardona said.
“Clearly, we’re not done fighting for the borrowers. We’re not done fighting for accessible higher education and that’s something we’re going to be committed to.”…