U.S. Department of Education

Members of the House and Senate are sounding the alarm, saying hundreds of millions of dollars are at risk that help schools across the state.

President Biden pledged to reopen most of the nation's K-12 schools during his first 100 days. When asked if that goal was "too optimistic," Cardona said, "No, I think it's strong leadership."

In its first year, the forgiveness program turned away 71% of borrowers because of a paperwork technicality. Now, the department says it's fixing that roadblock.