"Millions of borrowers may learn soon whether they could receive up to $20,000 in debt relief under President Joe Biden’s student loan forgiveness program. The fate of the unprecedented debt cancellation program lies with the Supreme Court, which is expected to decide to either uphold or strike down the proposal in late June or early July," CNN reports.

..."The National Association of Student Financial Aid Administrators warns that borrowers may need to have patience when contacting their student loan servicer, which might be overwhelmed with a high volume of inquiries at this time.

'It is possible you may not reach your servicer via phone the first time you call, and you may need to call a few times before getting connected,' the group says."

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: 6/14/2023