• #MoneyMindset = Biden Withdraws Student Loan Forgiveness Plans: What Now?

  • Dec 27 2024
  • Length: 35 mins
  • Podcast

#MoneyMindset = Biden Withdraws Student Loan Forgiveness Plans: What Now?

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  • Summary

  • On this episode, we discuss the Biden administration's decision to withdraw two major student loan forgiveness plans and the impact on borrowers. These plans could have reduced or eliminated debt for millions of Americans, particularly those in repayment for decades or facing financial hardship. With the Supreme Court striking down Biden's earlier forgiveness efforts and operational challenges cited for the withdrawal, borrowers are left searching for alternatives. We also explore how many Americans are struggling to make necessary financial decisions to repay their student loans and what forgiveness options still exist under Public Service Loan Forgiveness (PSLF) and other programs.
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