What to know if you've applied for student loan forgiveness
President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts
By CORA LEWIS
Published - Nov 18, 2022, 03:37 AM ET
Last Updated - Jun 23, 2023, 12:51 PM EDT
NEW YORK (AP) — President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts, leaving millions of borrowers wondering what happens next. The administration plans to appeal. Here's what to know if you've applied for relief:
While the application for relief has been taken down from the Federal Student Aid website, applications that have already been filed are on hold while the appeal works its way through the courts.
“Courts have issued orders blocking our student debt relief program,” the Education Department said on its site. “As a result, at this time, we are not accepting applications. We are seeking to overturn those orders.”