Major Development In Student Loan Debt Forgiveness

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( – Repayments for student loans are set to start back in October, following a years-long pause related to the COVID-19 pandemic. The Supreme Court is now tasked with looking into whether Biden’s student loan forgiveness proposal is legal.

Most borrowers are worried that the conservative-majority Supreme Court is going to rule against the forgiveness plan, especially as the court appeared to be skeptical of the Biden administration’s arguments in February. The decision regarding the forgiveness plan could come as early as Tuesday morning.

Sabrina Golling, a 27-year-old student loan borrower revealed to The Hill on Monday that regardless of what happens with the Supreme Court’s decision, she was hoping that lawmakers who had often referred to the different options available would look into other ways to provide student loan relief. She proceeded to state that there was no plan for student loan forgiveness that is going to be perfect and benefit everyone equally, but that should not affect them from trying to limit the impact of debt burdens on those affected by them.

She added that while she was not hopeful that this particular attempt would pass, she was hopeful that discussions about the different options would remain open as time moves forward. Especially as this problem is unlikely to “go away.”

The Supreme Court justices have heard two separate cases regarding student loan forgiveness. One was filed by two individual student loan borrowers, while another was filed by six Republican attorneys general.

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