Student Debt

Together with past actions, the administration estimates it will provide relief to 30 million Americans.
Loan cancellation was originally set to begin in July under the new SAVE repayment plan, but it’s being accelerated to provide faster relief to borrowers, President Joe Biden said.
The Department of Education is floating a new, narrower plan to relieve student debt.
Student loan forbearance is ending now, but you may qualify for the president's new plan that could reduce your payments — and maybe even forgive your loans.
Career Colleges and Schools of Texas, an association of for-profit higher learning institutions, filed a lawsuit against the rule in February.
The president vowed to keep pushing to reduce student debt after the Supreme Court blocked his forgiveness plan.
The proposed measure is going through a fast-track process requiring a simple majority to pass.
Questions about the fairness of Biden’s plan underscore the big problems with conservatives’ new favorite doctrine.
“I’m confident we’re on the right side of the law,” the president said. “I’m not confident about the outcome of the decision yet.”
If two Republican-appointed justices find that the plaintiffs have no standing to sue, student loan relief for 40 million Americans might yet survive.