Biden’s Plan to Get Around the Supreme Court and Forgive Student Loan Debt
The latest plan from the Biden adminstration to forgive student loans might be on the most solid legal footing.
The latest plan from the Biden adminstration to forgive student loans might be on the most solid legal footing.
Relief could be coming for borrowers facing out of control student loan balances.
The Supreme Court struck down the plan to forgive up to $20,000 per borrower, but the hope for debt cancellation is far from over.
The new SAVE plan is getting phased in, meaning payments in October will be slightly different than payments next July. This calculator estimates both numbers.
Republicans in Congress proposed five new pieces of legislation to overhaul student loan policy in the US.
Congressional Republicans wanted to prevent the one-time forgiveness program, and immediately end the payment and interest pause.
For decades, Democrats and Republicans largely agreed on many student loan issues. Today, they have little common ground.
In most cases, waiting for the newest IDR repayment plan to be available is a mistake. Delays offer few advantages and come with significant disadvantages.
Congressional Replublicans’ plans to prevent student loan cancellation are almost certain to fail.