The legal fight over President Joe Biden’s proposal to “forgive” billions of dollars in federal student debt is finally put to an end, so are all questions and confusions about when, or if at all, borrowers will have to start paying their bills again.
Prior to Friday’s decision, the U.S. Supreme Court had heard a range of arguments about the constitutionality of Biden’s $400 billion plan, which would have erased up to $10,000 in student loan debt for every borrower who earns less than $125,000 per year while canceling up to $20,000 for each Pell Grant recipient who meets that income standard….