Will Biden Find A Way Around Student Loan Forgiveness Court Losses? 4 Potential Paths

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With President Biden’s signature student loan forgiveness program blocked by federal courts, millions of borrowers remain in stuck in limbo and are left wondering — how will this end? Here are some possibilities.

a willingness to rely on this HEA authority to implement student loan cancellation in another context.

After several extensions of the payment pause by President Trump, President Biden issued several more extensions despite insisting that borrowers would be returning to repayment soon. In theory, the Biden administration could simply continue to extend the pause indefinitely. Federal statutes give fairly broad authority to the department to draft new regulations that can tweak various aspects of certain IDR programs, including the payment formula and the length of the repayment term. Under this authority, the Obama administration established Pay As You Earn and Revised Pay As You Earn , two IDR plans that are generally more affordable than the older Income Based Repayment and Income Contingent Repayment plans.

 

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Doesn’t want to till 2024

it’s basically theft. the old man thinks he’s robin hood 🖕

He is a complete failure and a national embarrassment

IT was always a scam for voted.

😆

So many good head scratching photos to choose from for this one

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