The Supreme Court will review a lower-court decision that blocked a rule from the Biden administration that helps students defrauded by their colleges to have their loans forgiven. President Joe Biden’s administration has forgiven billions of dollars of student loans under the borrower defense rule.

If your federal student loans were forgiven in 2024, you may be wondering if there are any tax implications. Many borrowers have benefited from education debt cancellation under the Biden administration.

Despite the uncertain environment, it’s not too late for borrowers to take some steps to mitigate the loss of some student loan forgiveness benefits.

The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship.

The Biden administration withdrew a proposal to forgive the student debt of borrowers who experienced hardship.

In a significant decision, the U.S. Supreme Court announced it will review a lower court ruling that blocked a key Joe Biden administration policy aimed at forgiving the student de

Student-loan borrowers described their financial concerns as they enter the new year, with the fate of key programs like SAVE uncertain.