Source: The American Prospect
by Janie Ekere
“With Donald Trump returning to the White House next January, the fate of the Biden administration’s student loan debt forgiveness and repayment programs hangs in the balance. And with women and people of color more likely to take on debt to attend college, eliminating these programs could exacerbate existing racial and gender inequalities among borrowers. Republicans have opposed multiple attempts by the Biden administration to expand student debt relief, going well beyond the mass debt relief program that the Supreme Court struck down in 2023. Earlier this year, Republican attorneys general filed lawsuits challenging the legality of programs like the SAVE (Saving on a Valuable Education) Plan, an income-driven repayment (IDR) plan meant to lower monthly payments and offer loan forgiveness after at least ten years of repayment (or more depending on the loan type and amount).” [editor’s note: Let’s see, SCOTUS already said it’s unconstitutional, so hardly a radical change there – SAT] [additional editor’s note: I recall no case in which SCOTUS deemed it “unconstitutional.” But I guess my memory may be going – TLK] (11/22/24)
https://prospect.org/education/2024-11-22-student-debtors-could-see-hopes-vanish-under-trump/