
Biden to announce new student loan forgiveness proposals
CBSN
President Biden will be announcing new proposals for partial or complete student loan forgiveness Monday in Wisconsin.
The main thrust for the latest round of student loan forgiveness proposals is to target accrued and capitalized interest on student loans. According to the Biden administration, 25 million Americans who used federal student loans now owe more than they originally borrowed because of the interest charges that have accumulated.
However, the president's new loan forgiveness proposal will have to clear several hurdles before any student loan balances may be lowered.

A closely watched election for a state supreme court judgeship in Wisconsin gave Democrats a boost Tuesday night, while two special elections in Florida delivered two seats to House Speaker Mike Johnson's perilously thin GOP majority. Though off-year and special elections attract a much smaller share of voters than presidential elections, the outcomes in both states held insights for Democrats and Republicans for the months ahead. Here are some of the takeaways: