Student loan forgiveness was struck down last summer by the Supreme Court. But all hope for debt relief isn’t lost.
Nearly 44 million Americans held student loans valued at more than $1.6 trillion at the end of March, according to the New York Federal Reserve. President Joe Biden has already erased $127 billion in student debt so far for more than 3.5 million borrowers − more than any other president in history − by tapping existing programs that were previously hard to access for many borrowers seeking relief.
Some of those student loan forgiveness initiatives are approaching key deadlines or cutoff dates and require some quick action from you. You should be aware of them now and plan accordingly.
Medora Lee | USA TODAY