"Student Loan Repayment Plan Shift: Biden Administration Sends Warning to 7 Million Borrowers. In a move that could significantly impact millions of Americans, the Biden administration is set to notify over 7 million student loan borrowers that they will need to transition to a new repayment plan. Those currently enrolled in the Public Service Loan Forgiveness (PSLF) program, which was implemented during the Biden era, will receive instructions to seek a new plan to repay their debt. The shift is reportedly due to a federal court ruling that has thrown the original program into question, leaving borrowers wondering what the future holds for their student loan forgiveness."
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt ...