"Extended Deadline for Student Loan Forgiveness Provides Relief for Borrowers"

Kurt Panton, a high school teacher who had been repaying his student loans for 19 years, recently had his remaining $18,000 in loans forgiven under a new Biden administration policy aimed at fixing issues with income-driven repayment plans. These plans, meant to help lower-income borrowers, had been plagued with problems, including miscounted payments and borrowers not being informed about their eligibility. After a Supreme Court ruling struck down Biden's larger debt relief plan, Kurt pursued an alternative form of debt relief and discovered he qualified for loan forgiveness. The U.S. Department of Education has approved nearly $44 billion in debt relief for over 900,000 borrowers.