Conceptual image of a graduation mortar board cap on $100 bills representing the price of a college or university education Credit – Image via Getty Images/iStock photo Brian A Jackson
President Biden’s plan to forgive up to $20,000 in student loan debt for 40 million Americans is in limbo. It is being blocked for months or even permanently by conservative legal challenges. However, a different program that was introduced by the Department of Education could help up to 3.6 million borrowers pay off their student debt and forgive more than 40,000 Americans’ loans.