Amanda H. Christensen, AFC
Update as of November 14, 2022
A federal judge in Texas ruled President Biden’s proposed student loan debt forgiveness plan illegal. This means borrowers no longer have access to the application and the forgiveness program is on hold indefinitely. While the Biden administration will appeal this decision, this process will extend the timeline and does not guarantee the decision will be overturned.
What does this mean for someone who was planning to receive student loan forgiveness? Here are some important considerations while you wait for this process to play out.
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