Supreme Court could axe Biden’s loan forgiveness but other paths exist

Supreme Court could axe Biden’s loan forgiveness but other paths exist

President Joe Biden’s student loan debt relief plan is teetering on the edge of a Supreme Court cliff. 

Other avenues for forgiving or winnowing student loan borrowers’ debt, however, are alive and well. There’s even a plan in the works to keep people from borrowing to attend a subpar school.

The administration has streamlined loan forgiveness for people who work in the public sector, canceled the debts of students taken advantage of by predatory colleges and universities and unveiled a new income-driven repayment plan that could reduce how much borrowers have to pay.

Together, these programs affect millions of borrowers, have led to billions in student loan debt being forgiven and could erase billions more. Most are meant to be long-term changes rather than a one-time fix.