# Student loan forgiveness
Why were PPP loans forgiven, but student loans weren't forgiven?
Millions of student loan borrowers are wondering why forgiving their student debt was ruled illegal after PPP loans were forgiven?. For some, the answer is Congressional approval.
Who are the plaintiffs suing to block student loan forgiveness?
After President Biden announced up to $20,000 in student loan forgiveness back in August, a federal judge in Texas ruled the program was unconstitutional on November 10. The U.S. District Judge is Mark T. Pittman.
55-Year-Old Medical Professional Incurs Lifetime Worth of Debt with $1,000,000 Student Loan balance
The average cost of student loan debt for a degree ranges from $60,000 to $100,000 for many students around the country who embarked on a standard degree to pursue their career choices. However, for those who seek to obtain credentials in some of the nation's highest-earning professions, the cost of earning an education can end up being millions.
Student loan forgiveness program blocked by St. Louis court
President Biden talkingPhoto by JLHirvas (Creative Commons) Have you signed up for the new student loan forgiveness program? The website has been up live since late October and the launch has not went as planned by the federal government.
61-Year-Old Debt Striker Says She Will Never Repay $70,000 Balance
Student loan forgiveness was recently proposed for more than 43 million people, as many will benefit by having up to $20,000 wiped from their balances. However, one 61-year-old woman says that she will never pay back her debts.
What's Next for Student Loan Borrowers After Federal Judge Strikes Down Biden's Debt Forgiveness Plan?
A U.S. District Court Judge in Texas has ruled that President Biden's student loan forgiveness plan is unconstitutional, leaving millions of student loan borrowers in limbo after they were promised debt relief last August.
Biden Administration stops taking applications for student loan forgiveness
The application for Biden's student debt relief program has been removed from the Department of Education's website after A federal judge in Texas struck down the Biden administration’s plan Thursday evening.
Federal Judge Shoots Down Student Loan Forgiveness as Unconstitutional
A federal judge has shot down President Biden's student loan forgiveness plan as unconstitutional. Credit: Barry M. Winiker (Getty Images) Texas U.S. District Judge Mark T. Pittman ruled in favor of the Job Creators Network Foundation on Thursday, November 10. The Washington Post shared the following excerpt from Pittman's:
As States File Lawsuit, Biden Administration Scales Back Student Loan Forgiveness
Last month, the Biden administration formally announced a student loan forgiveness plan to eliminate $10,000 to $20,000 worth of debt for qualified borrowers. Credit: Barry M. Winiker (Getty Images)
Tufts community reacts to Biden administration’s student loan forgiveness plan
The entrance to Tufts' financial division is pictured on Sept. 13.(Natalie Brownsell / The Tufts Daily) Editor’s note: Trent Bunker was a former staff writer at the Daily. He did not contribute to the writing or editing of this article.
Mississippi Confirms Forgiven Student Loan Debt Will Be Taxed
In a departure from most states, the State of Mississippi has confirmed that forgiven student loan debt will be taxed. Per the official White House fact sheet for President Biden's plan explains that the proposal will eradicate $10,000 in student loan debt for those who do not have Pell Grants and make under $250,000 per year for couples filing jointly and $125,000 per year for others. Those who meet the income requirements and did receive federal Pell Grants stand to have $20,000 in debt forgiven.
When Will Student Loan Forgiveness Reflect on Your Account?
Photo Courtesy of Forbes/Student Loan ForgivenessForbes. Federal Student Loan Borrowers Need to Apply for Student Loan Debt Forgiveness once it becomes available. President Joe Biden announced his plan to cancel up to $10,000 in federal student debt per borrower and up to $20,000 for Pell Grant recipients. Individuals earning less than $125,000 per year and married couples or heads of households earning less than $250,000 per year are eligible for debt cancellation.
Bernie Sanders Lays Into GOP For Backlash Against Student Loan Forgiveness
Vermont Senator Bernie Sanders has laid into the GOP for the party's backlash against President Biden's recent student loan forgiveness proposal. An official White House fact sheet shared details about Biden's plan, which will eradicate $10,000 in student loan debt for those who do not have Pell Grants and make under $250,000 per year for couples filing jointly and $125,000 per year for others. Those who meet the income requirements and did receive federal Pell Grants stand to have $20,000 in debt forgiven.
Tennessee Faith Group Celebrates Student Loan Forgiveness
Southern Christian Coalition praises Biden's debt relief plan, says it moves toward economic justice. Pastors affiliated with the Southern Christian Coalition celebrated President Biden's announcement of up to $20,000 in student loan forgiveness this week.
Will the Biden Administration’s Student Loan Forgiveness Plan Impact Your Tax Bill?
The Biden administration has formally announced a student loan forgiveness plan to eliminate $10,000 to $20,000 worth of debt for qualified borrowers. The news comes on the heels of the signing of the Inflation Reduction Act of 2022, a sweeping tax and climate bill that was passed along party lines without the support of a single Republican Congressperson.
Breaking News: Biden Administration Extends Federal Student Loan Repayment Again
Photo Courtesy of The White House/Federal Student LoanThe White House. President Biden announced student loan Payments resume in January 2023. President Joe Biden made a highly anticipated announcement via the POTUS Twitter Account. Although details of the plan were still being finalized, White House aides have said Biden was weighing a targeted plan that would provide $10,000 of debt relief for borrowers who make below a certain level of income.
Federal Student Loan Borrowers Eagerly Wait for President Biden's Decision
Photo courtesy of Newsweek/federal student loansNewsweek. The Biden Administration will be announcing soon what he is going to do with Student Loans. Federal Student Loan Borrowers across the nation are still in limbo about what is going to happen to their student loans. The majority of borrowers are hoping President Biden will cancel all student loan debt. If Federal student loans are not canceled, most borrowers will seek income-based repayment options to repay their loans due to struggling to high prices and grocery prices.
Department of Education Announces Improved Student Debt Relief Programs
Announcement expands targeted debt relief, public service loan forgiveness. The U.S. Department of Education announced an expansion of programs designed to provide targeted student debt relief. The announcement comes as President Biden's student loan forbearance plans are coming to an end with no extension yet announced.
53-Year-Old Former College Grad Shocked After 25 Year Student Loan Repayment Plan Still Shows $47,000 Balance
Three decades ago, Jason Harmon, an Arkansas man completed his college degree after attending the University of Arkansas. Shortly after he entered into an income-based repayment plan, which allowed him to make payments each month towards his balance and interest charges.
Millions of Borrowers Could See up to $50,000 in Student Loan Relief as White House Confirms Decision Next Month
The Biden Administration has granted more than $25 billion dollars in student loan relief since taking office last year. However, as many students have seen their debts wiped away, millions are still left with hundreds of thousands in loan payments.