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The fate of President Joe Biden's student loan forgiveness plan is up in the air after Supreme Court justices questioned whether his administration has the authority to broadly cancel federal student loans.
The Supreme Court is meeting to hear two cases challenging President Joe Biden's student loan forgiveness plan
The Supreme Court is meeting to hear two cases challenging President Joe Biden’s student loan forgiveness plan. At stake is forgiveness of up to $20,000 in debt for more than 40 million Americans. The court may not rule until June, and the pause in student loan payments is set to end 60 days after the court cases are resolved. Biden’s administration is not saying whether it is exploring other options for canceling debt if it loses its court appeals. Borrowers can still set up payment plans now for their student loans, but some advocates encourage waiting, since there’s no financial penal...
Supreme Court Takes On Student Loan Forgiveness - How It May Affect You
<div class="at-above-post addthis_tool" data-url="https://www.metro.us/student-loan-forgiveness-gets-its-day-in-court-what-to-know/"></div>NEW YORK (AP) — The Supreme Court is meeting Tuesday to hear two cases challenging President Joe Biden’s student loan forgiveness plan. At stake: forgiveness of up to $20,000 in debt for more than 40 million Americans. Nearly half of those people could have their federal student debt wiped out entirely. Already, about 26 million […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><...