Biden's student loan forgiveness program was rejected by the Supreme Court. Here's what borrowers need to know | CNN Politics

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The Supreme Court struck down Biden’s student loan forgiveness program, blocking millions of borrowers from receiving up to $20,000 in federal student debt relief, just months before payments are set to restart after a yearslong pause. Here's what to know.

Biden had announced the student loan forgiveness program last August, but it never took effect, having been tied up in the courts for months. Later Friday, the president announced that his administration will pursue another pathway to providing some student debt relief, which is based on a different law than the one the now-defunct student loan forgiveness program was linked to.

Here’s what borrowers should do now Student loan experts recommend that borrowers reach out to their student loan servicer with any questions about their loans as soon as possible. After such a long pause, many borrowers may be confused about how much they owe, when to pay and how. Millions of borrowers will have a different servicer handling their student loans since the last time they made a payment.

 

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