The Supreme Court has ruled to permit President Trump to resume layoffs in the Department of Education and transfer essential programs to other agencies. This decision heightens challenges facing student borrowers as they navigate payment processes amid ongoing changes. Following the halted federal pause on payments, President Biden's attempts for broad debt cancellation via the HEROES Act were blocked by courts, compelling the administration to focus on targeted relief instead. More than $180 billion in relief has been granted to over 5 million borrowers as newer policies evolve.
The Supreme Court's recent ruling allows President Trump to continue layoffs within the Department of Education, significantly disrupting student loan servicing systems and processes.
In an effort to provide relief, the Biden administration has approved over $180 billion in student-debt relief for more than 5 million borrowers, but changes are unfolding quickly.
Collection
[
|
...
]