Student debt relief limbo leaves borrowers on edge over financial future

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Americans who had expected sizable chunks of their student debt to be wiped out under Biden's student debt relief plan are now recalculating what their futures may look like.

through Biden's plan won't know for at least a few months whether as much as $20,000 in their student debt will be forgiven — or still owed — as the Supreme Court decides on its constitutionality.I feel a bit anxious ... because depending on which way the pendulum swings, [it] could mean being able to pay off my debt in five years or maybe even paying it off in 10," Ryan Rudolph, 29, aand a Duke University master's student based in Chapel Hill, North Carolina, told Axios.

"It's not fun understanding your financial future, ... hanging in the balance and not knowing, having to deal with that uncertainty," said Rudolph. The conservative justices, with a 6-3 majority in the court, during arguments on two legal challenges to the plan, announced in August,

 

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Picket the college you went to -you know the one that raised tuitions higher than inflation rates for decades and used predatory lending- they can use the covid extravaganza money to set up a $10k aid package /low income students -effected by the president that 🤥 for votes.

The SCOTUS conservative justices are not 'compassionate conservatives' when it comes to the low income & middle class citizens. They know only how to interpret law that benefit the rich.

It’s simple, you fulfill your contractual obligation. I don’t do it for you.

Right, I’d be happy to add college graduates to the list of people I support with my paycheck

Will mortgages be the next? And credit cards following?

We already know the plan exceeds the president’s authority; the only question is whether the plaintiffs have standing.

They never should have felt entitled. Too bad the left suckered them into this believing this nonsense.

Yes, move toward the light...it is reality.

i'm having difficulty conjuring up an iota of sympathy

they haven't had to pay for almost three years already and luckily they weren't going to be able to get their debt transferred to other people.

Having to pay what they owe?

Vote Democrat in 2024 so the student debt relief can become law.

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