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President Joe Biden vowed Friday to push ahead with a new plan providing student loan relief for millions of borrowers, while blaming Republican “hypocrisy” for triggering the day's Supreme Court decision that wiped out his original effort. Biden said his administration had already begun the process of working under the authority of the Higher Education Act of 1965, which he called "the best path that remains to provide as many borrowers as possible with debt relief.” In the meantime, since student loan-payment requirements are to resume in the fall, the White House is creating an “on ramp” to repayment and implementing ways to ease borrowers’ threat of default if they fall behind over the next year.

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