The Signal

Serving the College since 1885

Thursday December 8th

Aneri Upadhyay

President Biden’s plan for student loan forgiveness is facing legal challenges, even as over 20 million people have already applied for the program. (Flickr/”Oh, these student loans!” by CafeCredit, November 5, 2016).

Biden’s Student Loan Forgiveness Plan Facing Legal Troubles

Student loans may be relieved with President Joe Biden’s new plan for forgiving up to $10,000 in student loan debt for people earning less than $125,000 a year, as well as up to $20,000 for people who have received Pell Grants. These reforms are planned to be implemented in July 2023; however, they were blocked by a federal appeals court after six states sued the Biden Administration. 

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