EXPLAINER: Where does student loan forgiveness stand?
A federal appeals court St. Louis has thrown up another roadblock for President Joe Biden’s plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness
By AP News
Published - Nov 14, 2022, 04:20 PM ET
Last Updated - Jun 23, 2023, 03:01 PM EDT
A federal appeals court in St. Louis has created another roadblock for President Joe Biden’s plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness.
With the forgiveness program on hold, millions of borrowers have begun to wonder if they'll get debt relief at all. The fate of the plan will likely eventually end up in the Supreme Court.
Here’s where things stand:
