The White House has once again extended the federal student loan payment pause as it battles lawsuits threatening to derail its sweeping student debt forgiveness plan. The extension could stretch no later than June 30, 2023, the Department of Education said Tuesday. But if the Supreme Court decides the fate of Biden’s plan to cancel … Continued

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No one knows for sure when — or if — student loan forgiveness is coming. As of now, you should plan for payments on your federal student loans to resume in January 2023, especially if you were counting on debt cancellation to erase your balance entirely. Why? A federal judge in Texas has struck down … Continued

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The Biden administration announced plans for federal student loan relief last month. The plans include the cancellation of up to $10,000 in debt for borrowers who meet income requirements and up to $20,000 for Pell Grant recipients. Beyond cancellation, the proposal also extended the pause on loan repayment through the end of the year and introduced a … Continued

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