Already Applied For Student Loan Forgiveness? 6 Key Updates

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No one has received any student loan forgiveness yet under Biden's signature program, but the situation remains fluid for borrowers. Here are key updates.

In that case, a coalition of Republican-led states sued the Biden administration, arguing that Biden’s loan forgiveness plan was unlawful and would financially harm the states due to reduced revenue associated with borrowers consolidating commercially-held FFELP loans into a government-issued Direct loan. The coalition’s legal arguments were initially rejected by a federal district court judge, as FFELP loans currently do not qualify for Biden’s student loan forgiveness initiative .

other legal challenges to the initiative, every case is different, and another appeal could potentially further delay implementation of student loan forgiveness.While the legal challenges continue, the Biden administration is still accepting applications for the one-time student loan forgiveness initiative.

The Education Department is also in the process of releasing a paper application for borrowers who have inadequate internet access. And officials are also working on a fix that will allow borrowers living abroad — whose foreign IP addresses have been blocked as a safety precaution — to apply online.

 

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yeah.

Heres an update “you’re fucked”

Forget it dead 💀 beat.

Moneh mews Americans can use.

Tough shit.

Biden knew what he did was illegal and it was just a matter of time before it was overturned.

You were conned by a lying geriatric monster

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