Student Debt Relief Web Center

On August 24, 2022, the Department of Education announced a plan for one-time student loan debt relief due to the COVID-19 pandemic. The proposal planned to cancel $10,000 in student loan debt for borrowers making less than $125,000 annually (or $250,000 annually as a family). Borrowers who received a Pell Grant while in college and also meet the income requirements would have been  eligible for up to $20,000 in forgiveness. 

Following months of legal challenges, the Biden Administration’s one-time debt relief program was blocked by the Supreme Court in a decision handed down on June 30, 2023. With student loan repayment resuming in October 2023, the Department of Education announced that it will pursue implementing debt relief initiatives through the negotiated rulemaking process, which may not be finalized until after the presidential election of 2024.

NASFAA has compiled the following resources for members and will continue to update this page as more guidance becomes available.

Student Debt Relief Efforts and Resumption of Repayment After the June 30, 2023, SCOTUS Decision

Today’s News Coverage

Off the Cuff Podcast Episodes

Legal Challenges to the Biden Administration’s One-Time Student Loan Debt Cancellation

Today’s News Coverage

Off the Cuff Podcast Episodes

Biden Administration’s One-Time Student Loan Debt Cancellation

Today’s News Coverage

Additional Resources


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