Biden Administration Fails to Implement $6 Billion Student Loan Forgiveness Settlement
By
Lorenzo Da Silva
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
The Biden-Harris administration has failed to fully implement a $6 billion student loan forgiveness settlement, impacting hundreds of thousands of borrowers. Despite a court-ordered deadline, the relief has not been delivered, prompting a legal group to seek intervention. Tens of thousands of borrowers are still waiting for student loan forgiveness, leading to a motion filed in federal court to enforce the settlement. This delay is the latest setback in a decade-long battle over the Borrower Defense to Repayment program, further exacerbating the challenges faced by affected borrowers.