In March, President Joe Biden issued his spending plan, which conservatives immediately declared dead on arrival. While the budget proposal has no chance of passing Congress as drafted, it signals the administration’s education priorities.
That includes sending $2.7 billion to the Office of Federal Student Aid, $620 million more than in fiscal 2023. The proposed FSA funding is key as the Biden administration attempts to rework the beleaguered student loan system, putting in new regulations that would shape it and restart monthly loan payments.
