Navigating the aftermath of SCOTUS decision on Florida's $100 billion student debt
Originally Published 2 years ago — by Tampa Bay Times
The U.S. Supreme Court ruled against President Joe Biden's debt relief program, stating that Congress needed to approve such an action for it to be legal. As a result, Florida's $100 billion student debt, the third largest in the nation, will resume accruing interest in September, with payments resuming in October. Efforts to trim back the amount owed have failed, leaving borrowers to face the consequences of non-payment.