26 million federal student loan borrowers remain in limbo, data indicate

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In November, federal courts ruled the Biden administration could not move forward with forgiveness. The Supreme Court will now decide on its legality.

The White House released updated totals indicating that 26 million Americans have applied for student loan forgiveness pending a court ruling on the legality of President Joe Biden’s August 2022 executive order.

“These borrowers could be benefitting from the Administration’s program right now were it not for lawsuits brought by elected officials and special interests,” the White House wrote on Friday. In November, federal courts ruled the Biden administration could not move forward with forgiveness. The Biden administration has since appealed the decision and has taken the case to the Supreme Court.

Proponents of student loan forgiveness point out the rising cost of education in recent decades. The cost of tuition at a public four-year university in 2020-21 averaged $9,400, up from $8,500 from a decade earlier, when adjusted for inflation.

 

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I got an idea: go to a junior college and then a local University to complete your degree. Instead of 4 years partying at a Big Ten school only to get a low-paying job writing Tweets at WRTV.

He's a foreign agent.

Cancel all of it.

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Student loans: Biden has no plan B yet if Supreme Court strikes down loan forgiveness26 million borrowers who have already applied for cancellation or have been automatically approved are left on edge before the highest court in the nation hears arguments at the end February. There was really no Plan A, it was a lie to get votes. The only plan left now, is to start making payments on your student loans. The greatest debt transfer scheme in the history of our nation - The only way for poor/middle class people to get educated in this country is to take out loans. Republicans hate the idea of an educated poor and middle class, so they block student debt relief. Disgraceful and shameful.
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