A giant wave labeled Debt looms over tiny figures (Photo: Shutterstock)

In early November, a federal judge in Texas ruled to strike down Biden’s plan to forgive up to $20,000 of eligible student loan debt per borrower. In quick succession, the Biden administration extended the federal student loan payment pause through the first half of 2023 and stopped accepting new applications for student debt relief.

While two lower courts did uphold the block on the relief program, there is still hope. The Supreme Court agreed to expedite oral arguments on Biden’s student debt relief program in February and is expected to make a decision by June, but declined to reverse the injunction.

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