Biden Student Loan Forgiveness Plan Is In Peril: Key Takeaways After Court Rules It’s Illegal

U.S. President Joe Biden is flanked by U.S. Secretary of Education Miguel Cardona as he speaks about administration plans to forgive federal student loan debt during remarks in the Roosevelt Room at the White House in Washington, U.S., August 24, 2022. Leah Millis | Reuters

Biden administration stops taking applications for student loan forgiveness

Biden Administration Will Appeal the Student Loan Forgiveness Decision

Biden’s student loan forgiveness plan is blocked. Can you still apply?

The Biden administration’s plan would cancel as much as $10,000 in federal student loan debt for people earning less than $125,000 a year, or less than $250,000 for married couples. Those who received Pell Grants, federal aid for lower-income students, could see up to $20,000 forgiven.