2023's Top 5 Student Loan Changes & 2024 Projections
As 2023 commenced, many federal student loan borrowers were hopeful to witness President Joe Biden’s campaign promise to forgive student debt materialize. However, on June 30, their hopes were dashed when the Supreme Court, in a 6-3 decision, blocked Biden’s plan to forgive up to $20,000 per borrower earning less than $125,000 annually.
Read MoreTax-Free Federal Student Loan Forgiveness, Unless You Reside in These States
While President Joe Biden's ambitious student loan forgiveness plan faced a setback from the Supreme Court, the Biden administration has managed to alleviate federal loan burdens for millions of borrowers through alternative means. For many, this relief comes as a tax-free benefit from the federal government.
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Discover the benefits of the Montgomery GI Bill for military service members. Get education and training assistance. Learn more now
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Unlock your future with the Post 9/11 GI Bill. Get education benefits for veterans. Pursue your dreams with tuition, housing, and more covered
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