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Millions of Student Loan Holders Face Debt Forgiveness Uncertainty in 2023
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The Supreme Court’s expected decision next year on the fate of President Biden‘s student-debt cancellation plan means that millions of borrowers won’t know for months whether they’ll have to repay loans that the White House has pledged to forgive.
The court said last week that it would hear arguments on Feb. 28 in two cases challenging the Biden administration’s plan to cancel up to $20,000 in debt for qualifying borrowers. A ruling is expected by the end of June.
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