Tag: US Colleges

Biden’s Student Loan Forgiveness Plan Is Stalled, But There’s Another Way to Get Your Debt Erased

Biden’s Student Loan Forgiveness Plan Is Stalled, But There’s Another Way to Get Your Debt Erased

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.

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