Supreme Court student loan hearing: What you need to know
The Supreme Court is meeting Tuesday to hear two cases challenging President Joe Biden's student loan forgiveness plan.
Watch CBS News
The Supreme Court is meeting Tuesday to hear two cases challenging President Joe Biden's student loan forgiveness plan.
In Florida, there are about 2.6 million borrowers with a federal student loan debt of about $100.9 billion
The proposal comes as the Biden administration's plan to forgive up to $20,000 in student debt remains in limbo.
The Biden administration had earlier extended a repayment pause while its student-debt relief program remains tied up in court.
A Biden administration program forgiving up to $20,000 in student loans remains hung up in court.
With the possibility of getting up to $20K forgiven tied up in the courts, experts list some steps borrowers can take.
The head of the Education Department pledged Saturday to keep "moving full speed ahead" on plans to implement President Joe Biden's student debt relief program, coming a day after a federal appeals court put a temporary hold on it, barring the administration from canceling loans covered under the policy while it's under review.
Gov. DeSantis has criticized the plan as "unfair" to people who have paid off loans
More than 40 million Americans may qualify, with income the main factor that determines who qualifies for relief.
The Biden administration extended the payment pause in April through August 31.
The move will erase debt for more than 560,000 borrowers.
