Last Friday (6.30.2023), the Supreme Court struck down Biden’s administration plan to forgive up to $441 billion in federal student loan debt. The 6-3 ruling, which Chief Justice John Roberts wrote, found that the Biden administration did not have the authority to forgive student loans under the Higher Education Act of 1965. The court foundContinue reading “Student Loan Forgiveness: What Now”
Tag Archives: Debt
Student Debt Relief: What’s Next?
What a mess. In August 2022, the Biden Administration announced its plan to forgive some student loans. An application was opened and took less than 5 minutes to complete. It was the most straightforward application I have ever filled out. But then, the politicians and judicial system got in its way. A Pause in StudentContinue reading “Student Debt Relief: What’s Next?”