Joe Biden's 10k Student Loan Forgiveness has been stopped... For now

Student Loan Forgiveness Announced

In August, President Biden announced he'd be forgiving 10k or 20k in student loans

Application Goes Live

The application to apply for student loan forgiveness went live this week. The first loans are supposed to be forgiven on Sunday Oct. 23rd, but...

Lawsuits Piling Up

A number of lawsuits have been filed.  However, most have been dismissed because of a lack of standing.

Federal Court Stepped In

At the last minute Friday night, the 8th circuit court of appeals put a temporary stop to loan forgiveness.

What This Means

It doesn't mean loan forgiveness won't happen but we'll see...What it most likely means is repayment won't start in January and will be kicked down the road again.

Swipe up to learn more about student loans and managing money for young professionals