Time - Student loan forgiveness is in legal limbo as facets of the Biden Administration’s broader student loan forgiveness has been stifled by numerous lawsuits. While the judiciary wields significant power over the future of student loan debt relief, voters will soon have influence at the ballot box: student loan forgiveness could be handled very differently depending on who the country elects as its next President.
There
remains significant ambiguity about the path forward in either a
Republican or a Democratic administration. Neither Vice President Kamala
Harris or former President Donald Trump have laid out clear policy
plans regarding their stance on student loans. But experts say much can
be gleaned by each candidate’s actions in the last eight years. More
Harris has touted the Biden Administration’s delivery on student loan forgiveness, promising to work on the “unreasonable burden of student loan debt” on her campaign website. Despite several student loan forgiveness roadblocks, the Biden Administration has been able to deliver more than $175 billion in student loan forgiveness for nearly 5 million Americans, according to a Thursday Department of Education press release. The Harris campaign declined to comment further on her plans.
Former President Trump has not included information about student loans on his campaign website, and the Trump campaign did not respond to requests for comment. His comments about Biden’s plans and some of his actions during his presidency indicate that student loan forgiveness could be rolled back if he wins a second term.
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