Re:Supreme Court Rejects Student Loan Forgiveness Plan
by dragonwriter on Friday June 30, 2023 @04:20PM
(#36541638)
> There is no alternative plan
That doesn't seem to be accurate: a new debt relief regulatory effort was initiated today, plus a repayment “on ramp” that limits the impact of ending the pause, plus a new income-based time-limited repayment program that will have low income borrowers paying $0. (The last of which was, IIRC, announced in principal around the same time as the forgiveness program, but not finalized in detail.)
That doesn't seem to be accurate: a new debt relief regulatory effort was initiated today, plus a repayment “on ramp” that limits the impact of ending the pause, plus a new income-based time-limited repayment program that will have low income borrowers paying $0. (The last of which was, IIRC, announced in principal around the same time as the forgiveness program, but not finalized in detail.)
https://www.ed.gov/news/press-releases/secretary-cardona-sta...