On Monday, President Joe Biden unveiled his $5.8 trillion budget request for the 2023 fiscal year. Several of Biden’s larger proposals have been left out of the 2023 budget, including mass student loan forgiveness and free college. Still, while the budget request will be going through a lengthy negotiation process, many students would benefit from the education-focused proposals in the budget, including more funding for Pell Grants, minority-serving institutions and student loan servicing.
Student loan forgiveness and free college are unlikely
Free college has long been a discussion point for Biden. The original draft of the 2022 White House budget included two years of free community college; however, after several rounds of negotiation, this measure was removed from the budget, and it has not reappeared in the 2023 proposal.
