The Biden administration may have been blocked from canceling debt for tens of millions of borrowers by the Supreme Court, but it has still managed to eliminate billions in education debt.
Category: Student Loans
Discharging Student Loans in Bankruptcy Show Mixed Results
Last year, the Biden administration provided a new path to make it easier to discharge student loans in bankruptcy. The results appear promising, but success has been limited.
What to Know About Biden’s Student Loan Repayment Proposal
Proposed changes to federal student-loan repayment plans tied to income could cut some borrowers’ monthly payments by more than half.