US student loan forgiveness plan

US judge declares Biden’s student debt relief plan unlawful

The program calls for forgiving up to $10,000 in student loan debt for borrowers making less than $125,000 per year, or $250,000 for married couples
Over 40 million people were eligible to benefit from the plan that would eliminate about $430 billion of the $1.6 trillion in outstanding student debt

By Reuters · 11 November 2022