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The recent Supreme Court decision on student debt relief
On June 30th, the Supreme Court issued a decision invalidating the Biden-Harris Administration’s student debt relief plan to provide up to $20,000 in one-time relief to more than 40 million student loan borrowers.
We believe the Supreme Court got it wrong.
President Biden and I recognize how critical student debt relief would have been for tens of millions of Americans and their families, and we understand many of you may be wondering how the Court’s decision affects you.
This decision from the Supreme Court means that the Administration cannot move forward with the one-time student debt relief plan announced last year. The Department had already approved applications for more than 16 million borrowers, and if you are one of those borrowers, we are unable to provide you with relief under this program due to the Court’s ruling.
While we disagree with the Court’s decision, our Administration will not stop fighting to provide debt relief to borrowers. We will use every tool at our disposal to do so, which is why our Administration is taking the following actions immediately:
If you will owe payments this fall – or just want to learn more – visit StudentAid.gov/debtrelief to learn more about these actions, identify a repayment plan that works for you, and consider the benefits of making on time payments as you prepare to restart monthly payments.
We will not stop fighting to make sure that student debt is not a barrier for Americans to access college or economic opportunity. We will continue to put the needs of students and borrowers first, help borrowers access the support and resources they need, and make the promise of college a reality for more American families.
We’ll keep fighting for you!
Miguel A. Cardona
830 First Street, NE, Washington, D.C. 20002