The Supreme Court struck down the Biden administration’s loan forgiveness plan June 30, and millions of Americans must prepare to start paying back their loan balances this fall. The forgiveness program would have cancelled $10,000 in student debt for individuals making less than $125,000 per year. Another $10,000 in debt would have been wiped away for recipients of the need-based Pell Grants.
What Maryland borrowers need to know about student loan repayments resuming this fall
July 25, 2023