Brownstein Hyatt Farber Schreck LLP provides a comprehensive overview of student loan program changes in recent years and how the government is responding.
10/16/2023 1:00 P.M.
1 minute read
Student loan payments on hold the past several years resumed Oct. 1, one of many major trends in the higher education arena of late.
Brownstein Hyatt Farber Schreck LLP’s article, “Understanding the Student Loan Debt Policy Landscape,” recaps those trends.
They include the Biden administration’s student loan forgiveness, which has reached $127 billion in student debt for 3.6 million borrowers, as well as an overview of new repayment plan and rulemaking aimed at protecting students in career training programs.
“The Biden administration has faced several setbacks in pursuing its higher education agenda,” according to the article, written by Senior Policy Advisor and Counsel Radha Mohan, Policy Advisor Sage Schaffel and Policy Analyst Alexis Anicama. “In June, the Supreme Court struck down Biden’s large-scale student loan forgiveness plan impacting about 43 million borrowers, as well as the decades-old practice of using affirmative action in college and university admissions.”
The article also covers how the Biden administration seeks to use executive action for its higher education priorities due to congressional stalls and challenging court rulings.
Read the complete report for more coverage.
Related Content from ACA International:
Biden Administration Unveils Regulations to Shield Students from Student Loan Debt
Student Loan Payments on the Horizon
Student Loan Moratorium Ends: Which States Are Hit the Hardest
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