and conservative criticism in pursuing more sweeping student loan cancellation, heralded the beginning of these account adjustments as a step toward fixing what he called the broken student loan system.
There is also the potential for lawsuits to interrupt the debt discharges, though a recent suit filed by the New Civil Liberties Alliance on behalf of the Cato Institute and the Mackinac Center for Public Policy, arguing that the Department of Education is going beyond its authority, was recently dismissed by a U.S. district court judge in Michigan.
In total, the fixes to the IDR plans being made by the Department of Education will result in $39 billion of automatic debt relief, ABC News previously reported."The Biden Administration kept its latest promise to 800,000 people who were repeatedly failed by the broken student loan system. For these borrowers, the prospect of delayed justice will be life changing," said Persis Yu, deputy executive director and managing counsel for the Student Borrower Protection Center.