The Biden-Harris Administration's Student Debt Relief Plan
You may have heard that President Biden planned a loan forgiveness program for federal student
borrowers to assist with federal student loan debt. That program has been prohibited by a Supreme Court ruling.
The Supreme Court issued a decision blocking President Biden from moving forward with the one-time student debt relief plan. Learn about the actions President Biden announced following the decision and find out how this decision impacts you.
In addition, you may qualify for one of the existing student loan forgiveness programs.
Finally, the new Saving on a Valuable Education (SAVE) Plan is the most affordable student loan repayment plan for most borrowers. Under the SAVE Plan, making even periodic or partial payments lowers the amount of interest you accrue each month.