Biden to Pursue New Path on Student-Debt Relief After Ruling (2)

President Joe Biden announced he will try a new legal avenue to provide student-loan borrowers with relief after the Supreme Court struck down his initial plan to forgive billions of dollars in debt, undoing one of his signature initiatives.

“Today’s decision has closed one path. Now we’re going to pursue another. I’m never going to stop fighting for you. We’ll use every tool at our disposal to get you the student debt relief you need and reach your dreams,” Biden said Friday at the White House.

The Department of Education initiated a new regulatory process that hopes to provide relief ...