Student debt relief activists stand in front of the U.S. Supreme Court on June 30, 2023 in Washington, DC.
(Photo by Kevin Dietsch/Getty Images)The Supreme Court on Friday rules against President Joe Biden's student loan forgiveness plan, prohibiting up to $20,000 in loan relief per borrower from proceeding.
The plan, first announced in August 2022, would have forgiven $10,000 for all federal student loan borrowers and $20,000 for Pell Grant recipients who earn less than $125,000 a year ($250,000 for married couples).
The Biden administration has also recently beefed up existing programs, making it easier to qualify for student loan relief.
Public Service Loan Forgiveness (PSLF) has become easier for federal borrowers to obtain under the Biden administration.
Persons:
Kevin Dietsch, Joe Biden's, Biden, Sonia Sotomayor, Ketanji Brown Jackson, Elena Kagan, Pell Grant, servicers
Organizations:
U.S, Supreme, Higher Education, Department of Education, Federal, Aid
Locations:
Washington ,