The Supreme Court has ruled against the Biden Administration’s student loan forgiveness plan. In a 6-3 decision on June 30th, the Supreme Court effectively ended any opportunity for debt relief that students could obtain through the intended loan forgiveness plan. For many borrowers, this news signifies the end of a once-promising opportunity for debt relief...
In our previous examination of student debt, we outlined extensive coverage of President Biden’s Student Loan Forgiveness Plan. A lot has happened since then, including an abrupt pause of the program. In the current student debt landscape, what has changed? Let’s review what’s happened since the pause, and what opportunities for student loan forgiveness might...
Applicants who filled out the Biden Administration’s debt relief application in early October have now begun receiving emails confirming their eligibility status. The intention behind the debt relief plan was to provide aid to offset student debt. Since 1980, the cost of four-year public and private college has tripled, making it harder than ever before...
The Biden Administration recently announced that they will cancel $10,000 in federal student loan debt for low-to-middle income borrowers. This unprecedented move places student loan borrowers in a better position to recover from financial hardship introduced by the COVID-19 pandemic. For many individuals, a college education is their ticket to the middle class. Unfortunately, the...
