I recently received an email from the Department of Education providing me with an update for my approved student loan debt relief.
I was not included in the first email blasts sent out to thousands of Federal student loan borrowers, but I have finally received an update from the Department of Education. The email provides you with an update on the one-time Student Loan Debt Relief plan that President Biden and I announced on August 24th.
Unfortunately, due to several lawsuits that have been filed against the program, it is currently blocking their ability to discharge Federal Student Loan Borrowers' debt. Thankfully the Department of Justice has appealed on our behalf. The idea of blocking millions of Federal Student Loan Borrowers from decreasing their debt, or removing the debt altogether is hard to understand. Especially when they are all registered voters.
The best thing to do while you wait for the outcome of these lawsuits is to make sure you are not a victim of scams. Watch out for any fraudulent emails claiming to be from the Department of Education, and trying to steal your personal information. Remember national and local news will have updated information about student loan debt relief as well have the Department of Education’s website.
Unfortunately, pending litigation puts student loan borrowers in a state of limbo. As a result, the Biden administration extended the pause on student loan payments again, pushing the deadline from December 2022 to June 2023.
What are your thoughts about the student loan debt relief plan?