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In August 2022, the administration used the Act again to announce student debt cancellation of up to $20,000 and several other reforms. [7] [16] Following litigation brought by several Republican-led state governments, the Supreme Court ruled in Biden v. Nebraska (2023) that the statute did not permit the administration's debt forgiveness ...
The road to student loan forgiveness is a long and winding one since President Joe Biden announced the much-anticipated administration's program on Aug. 24, 2022. Following several lawsuits and...
The Supreme Court's ruling was issued on June 30, 2023, ruling 6–3 that the Secretary of Education did not have the power to waive student loans under the HEROES Act. Biden was heard and decided alongside Department of Education v. Brown, 600 U.S. 551 (2023), in which members within the student loan program had brought suit against the debt ...
President Joe Biden began working on his revised student loan relief plan after the Supreme Court blocked its first program in June 2023. The updated policy targets several groups of borrowers for ...
Since Biden took office, he has forgiven debt for more than 5 million federal student loan borrowers, totaling $183.6 billion in relief. In 2023, the Supreme Court blocked the president’s plan ...
In the final days of the Biden administration two new student debt relief programs face imminent release as they are in the final review stages before being formally implemented.
In a Sept. 29 press release, the U.S. Department of Education cited a debt relief issue paper laying out an initial set of policy considerations to “create a path to debt relief for student loan ...
Biden laid out the revised plan in April after the Supreme Court nullified the administration’s original student debt forgiveness program in 2023. That plan would have benefitted 43 million ...