Will student loans get canceled?

The Biden administration's initial plan to forgive student loans was blocked by the Supreme Court, which ruled it lacked authority under the Heroes Act. In response, Biden proposed a new plan using the Higher Education Act, which requires a lengthy regulatory process. Legal experts anticipate further challenges, but the administration aims to provide relief to as many borrowers as possible. The outcome remains uncertain as the October deadline for payment resumption approaches.

What was the Biden administration's initial plan regarding student loan cancellation?

What legal challenges did the Biden administration face regarding the student loan forgiveness plan?

How does the Higher Education Act relate to the Biden administration's new plan for student loan relief?

What are the expectations of legal experts regarding the new debt relief plan?

What factors will shape the contours of the new student loan relief plan?