Last week, the Supreme Court began hearing oral arguments on Biden’s Federal Student Loan Debt Relief, estimated to cost $30 billion a year over the next decade1. Simultaneously, the Biden administration has been pushing for an overhaul of income-driven repayment plans, which would pause interest or entirely erase payments for thousands of students: essentially turning federal loans into a $333 billion dollar grant program
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A student’s plea to Biden: do not cancel our…
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Last week, the Supreme Court began hearing oral arguments on Biden’s Federal Student Loan Debt Relief, estimated to cost $30 billion a year over the next decade1. Simultaneously, the Biden administration has been pushing for an overhaul of income-driven repayment plans, which would pause interest or entirely erase payments for thousands of students: essentially turning federal loans into a $333 billion dollar grant program