A new federal rule threatens to cut federal money to college programs that consistently leave graduates with low pay or unaffordable debt.

College programs that leave graduates underpaid or buried in loans would be cut off from federal money under a proposal issued by the Biden administration on Wednesday.

The Biden administration is moving forward with an overhaul of several student debt forgiveness programs, aiming to make it easier for borrowers to get cancellation if they are duped by their colleges or if they put in a decade of work as public servants.

President Joe Biden hasn't made a decision yet on how he'll handle the student loan debt issue, but his administration is trying to bring closure to one of the most notorious cases of fraud in American higher education.

JACKSONVILLE, Fla. – On this edition of “This Week in Jacksonville,” former U.S. Rep. Jason Altmire weighs in on the national political scene now that President Joe Biden has taken office. State Rep. Paul Renner comments on the upcoming legislative session. And Florida Democratic Party Chairman Manny Diaz talks about his new role and the election results.

JACKSONVILLE, Fla. – News4Jax political analyst Rick Mullaney of Jacksonville University’s Public Policy Institute hosts this edition of “This Week In Jacksonville." Former Sheriff Nat Glover of Duval Citizens for Better Schools discusses the sales tax referendum on Duval County ballots. City Councilman Michael Boylan breaks down the JEA referendum for Duval County voters. Former U.S. Rep. Jason Altmire talks about his new book, “Dead Center: How Political Polarization Divided America.”