Supreme Court Justices Skeptical of Debt Relief

"Several Supreme Court justices appeared skeptical of the Biden administration’s plan to forgive up to $20,000 in federal student loans during a nearly four-hour hearing Tuesday," Inside Higher Ed reports.

..."Justin Draeger, president of the National Association of Student Financial Aid Administrators, said borrowers remain stuck in limbo.

'It’s difficult to see where we go from here, because we’ve reached a political precipice,' he said. 'Even if this one-time forgiveness happens, it’s going to be a one-time victory that doesn’t do anything for students and next year’s entering students … The conversation on debt forgiveness has pushed the left and the right even further apart on long-term solutions.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

 

Publication Date: 3/1/2023

View Desktop Version