Last updated: 7-5-23
Previous updates: 9-29-22, 10-4-22, 10-12-22, 10-17-22, 10-18-22, 10-20-22, 11-10-22
Biden-Harris Administration’s Student Debt Relief Plan
As of June 30, 2023, the Supreme Court issued a ruling striking down the Biden-Harris Administration’s Student Debt Relief Plan originally announced on August 24, 2022. This means the initiative cannot proceed. Following this decision, a statement from U.S. Secretary of Education Miguel Cardona and a statement from President Biden have been released. The Department of Education has also published Frequently Asked Questions related to this decision.
It has been announced that the Biden-Harris Administration has taken new steps aimed to support student loan borrowers. For more information, please refer to the Fact Sheet on actions taken by the Biden-Administration and the Saving on a Valuable Education (SAVE) Plan Fact Sheet.
To get the most up to date information from the Department of Education, subscribe to the Department of Education email subscription(s).
Please note that the information outlined below is no longer valid given the Supreme Court’s ruling on June 30, 2023. It has been retained for historical tracking purposes only.
* * *
As of November 10, 2022, Student Loan Debt Relief Is Blocked:
The courts have issued orders blocking Biden’s student debt relief program. As a result, at this time, the Department of Education is not accepting applications. The Biden administration is seeking to overturn those orders. They (Dept. of Education) will hold your application if you've already applied.
* * *
As of October 17, 2022, the online application for Student Loan Debt Relief is officially available. You will have until December 31, 2022, to submit your application. Please review the information below and visit the Department of Education's Frequently Asked Questions page to find out more information on the one-time federal student loan debt relief program.
* * *
On August 24, 2022, the Biden-Harris Administration announced a Student Debt Relief Plan that includes one-time student loan debt relief targeted to low- and middle-income families. This webpage contains additional information, as outlined by the Department of Education, and we will provide updates as more information becomes available.