The Supreme Court's Impact on Student Loan Debt Forgiveness

Despite the Supreme Court's decision blocking President Biden's loan forgiveness program, there are still several ways to cancel student debt. These include income-driven repayment plans, public service loan forgiveness for government and nonprofit employees, cancellation for students of closed or low-performing schools, bankruptcy discharge (though it is challenging), disability discharge for those classified as disabled, and debt cancellation upon death. It is important for borrowers to explore all available options to alleviate their student loan burden.