Already, about 26 million people have applied, and 16 million applications have been approved. However, because of court rulings, none of the relief has actually gone out.
student loan forgiveness
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EXPLAINER: Where does the student loan debt plan stand?
U.S. District Judge Mark Pittman ruled that the program usurped Congress’ power to make laws. The administration immediately filed a notice to appeal.
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Posted inNation & World, News
Biden administration relaxes rules for student debt forgiveness
The new policy clarifies that the Education Department can review claims from individual borrowers or it can grant forgiveness to huge swaths of students from the same college.
Posted inNation & World, News, Politics
Biden kicks off student loan relief application season
The number of borrowers who applied during the testing period already amounts to more than one-fourth of the total number of applicants the administration had projected.