According to a recent forgiveness proposal unveiled by U.S. President Joe Biden and the Department of Education, most student loan borrowers may be eligible to have a portion of their debt forgiven. The Saving on a Valuable Education (SAVE) plan, which is the greatest economic repayment plan ever made, was finalized by the Biden-Harris administration … Read more
The judgment by the Supreme Court has shocked but not amazed those who have student loan debt. Amanda Fortunato, 32, has been repaying her school loan debt while she was 25 (including throughout the COVID-19 payment suspension), but there is still a sizable balance due. She is concerned regarding “how to get it to work” with … Read more
President Joe Biden’s pledge to forgive up to $20,000 of each borrower’s federal student loan debt may soon expire if the United States. The Supreme Court will, as anticipated, reject the proposal this month. If the idea is turned down, many borrowers might be forced to file for bankruptcy, claims at least one legal professional. … Read more