Borrowers Lament the Failure of Biden’s 'Too Good to Be True’ Student Debt Forgiveness Plan
The Supreme Court ruling leaves them figuring out how to cope with repayments.
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Student loan borrowers will no longer have any of their debt forgiven by President Joe Biden’s one-time relief plan after the Supreme Court voided the White House proposal.
That ruling comes just as a three-year pause on federal loan repayments is set to end. Borrowers who’d hoped for a more permanent reprieve are now trying to figure out where they can cut spending before those bills come due.