Jul 06, 2023
Supreme Court Strikes Down Proposed Student Debt Cancellation
In August of 2022, President Biden announced a new student loan debt relief program that would provide eligible student loan borrowers with up to $20,000 in debt cancellation for Pell Grant recipients, and up to $10,000 in cancellation for non-Pell Grant recipients. However, ongoing lawsuits put the program on hold.
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