Navigating Student Loan Forgiveness Programs: What You Need to Know
President Joe Biden is expected to criticize Republicans for their budget cuts, which include eliminating the federal student loan forgiveness program and blocking a proposed income-driven repayment plan. The future of Biden's federal student loan forgiveness program will first be decided in the Supreme Court. The Republican proposal would also strip the Department of Education's power to pause student loan payments in the future. The pushback from Congress could continue, especially with Republicans in charge of the House.