Biden Administration Fails to Implement $6 Billion Student Loan Forgiveness Settlement

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.