Student Loan News: Supreme Court Examines Blocked Rule

Jemal Countess / Stringer / Getty Images Key takeaways The U.S. Supreme Court will review stalled attempts to streamline the borrower defense to repayment program. The outgoing Biden administration plans to focus on providing federal student loan forgiveness through existing avenues and helping borrowers avoid default in its final days. … Read the original article…

Biden Announces More Student Loan Forgiveness, Bringing Debt Relief To Nearly 5 Million Borrowers – SoFi Techs (NASDAQ:SOFI)

The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration’s total student loan forgiveness to $183.6 billion for more than 5 million borrowers.  The Details: The Department of Education announced several types of discharges on Monday including the approval of nearly 85,000 borrowers for $1.26 billion in student loan relief based…