"President Joe Biden on Wednesday made one of his most controversial education policy decisions to date, announcing he will use executive power to cancel up to $10,000 in student loan debt for most borrowers, and up to $20,000 for federal Pell Grant recipients.

But he also touted a raft of other adjustments and proposals related to the troubled student loan system, which policymakers and higher education advocacy groups have said is in desperate need of reform. And he extended a pandemic-era pause on student loan repayments through the end of the year.

Below we summarize significant Biden administration policies and regulatory moves on loan cancellation, income-based repayment plans and the Public Service Loan Forgiveness program," reports Higher Ed Dive.

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