News & Analysis as of

Loan Forgiveness Biden Administration Debt Relief

Orrick, Herrington & Sutcliffe LLP

8th Circuit blocks Biden’s student loan relief plan while in effect

On July 18, the Eighth Circuit for the U.S. Court of Appeals granted the State of Missouri’s emergency motion for an administrative stay to prevent President Biden’s student loan relief plan from taking effect. The White...more

Orrick, Herrington & Sutcliffe LLP

SAVE Plan partially blocked by 2 federal judges

Recently, two district court judges partially blocked President Biden’s student debt relief program, known as the Saving on a Valuable Education (SAVE) plan. ...more

Spilman Thomas & Battle, PLLC

Biden's Reforms and 813,000 Student-Loan Borrowers

The White House recently announced that approximately 813,000 borrowers whose accounts were adjusted in August 2023 will receive an email from President Biden that their loans are being forgiven. This is based on the U.S....more

Bricker Graydon LLP

BDR Activity on the Rise Amid Unclear Rules and an Executive Effort to Delete Student Loan Debt; Who will Pay the Tab?

Bricker Graydon LLP on

Borrower Defense to Repayment (BDR) refers to the administrative process by which borrowers apply to the U.S. Department of Education (ED) to have their federal Direct Loans discharged based on allegations of school...more

ArentFox Schiff

SCOTUS Update: Administrative Law Takeaways from Biden v. Nebraska

ArentFox Schiff on

Last week, the US Supreme Court ruled that the Biden Administration’s efforts to cancel $430 billion in student loan balances was legally unsupportable. Forty-three million Americans will remember Biden v. Nebraska when...more

Akin Gump Strauss Hauer & Feld LLP

Supreme Court Rules Against Biden Administration’s Student Loan Forgiveness Plan

On June 30, in Biden v. Nebraska, the Supreme Court ruled against the Biden administration’s student loan relief plan in a 6-3 decision. The plan, which was estimated to impact more than $430 billion of student loan...more

Pillsbury Winthrop Shaw Pittman LLP

SCOTUS Strikes Down Student-Loan Forgiveness Act

On June 30, 2023, the Supreme Court held that the Secretary of Education did not have the authority to implement the Biden Administration’s student loan forgiveness plan (“Biden Plan”). The decision will cancel the...more

Dorsey & Whitney LLP

The Supreme Court Update - June 30, 2023

Dorsey & Whitney LLP on

Today, in the last day of the 2022-2023 term, the Supreme Court of the United States issued three decisions: Department of Education v. Brown, No. 22-535; Biden v. Nebraska, No. 22-506: These cases addressed suits...more

Akin Gump Strauss Hauer & Feld LLP

Biden-Harris Administration Extends Student Debt Repayment Moratorium in Light of Loan Forgiveness Litigation

As litigation surrounding the Biden-Harris administration’s student debt forgiveness plan persists, the administration announced an extension of the student loan repayment pause through June 30, 2023. In an announcement...more

Troutman Pepper

Biden Files Application with Supreme Court to Vacate Eighth Circuit’s Injunction on Student Loan Forgiveness

Troutman Pepper on

As discussed here, last month, the Eighth Circuit granted an emergency motion by Republican officials in six states to temporarily pause the Biden administration’s student loan forgiveness program while they appeal the...more

Akin Gump Strauss Hauer & Feld LLP

Biden-Harris Administration Announces New Guidelines for the Discharge of Federal Student Loans

Last week, the Department of Justice (DOJ) and the Department of Education (DOE) distributed guidance to the legal community clarifying the process for the discharge of federal student loans in bankruptcy proceedings. The...more

Ballard Spahr LLP

Eighth Circuit enjoins Biden Administration from proceeding with loan forgiveness plan pending state AG appeal

Ballard Spahr LLP on

Yesterday, a three-judge panel of the U.S. Court of Appeals for the Eighth Circuit granted a request to enjoin the Biden Administration’s federal student loan forgiveness program pending resolution of an appeal filed by state...more

Troutman Pepper

Texas Federal Court Finds Biden Student Loan Forgiveness Program Unconstitutional

Troutman Pepper on

The Biden administration’s student loan forgiveness program is on hold indefinitely after a Texas federal court issued its decision, finding the program to be unconstitutional. In Brown v. U.S. Department of Education, the...more

Ballard Spahr LLP

Federal District Court Vacates Biden Loan Forgiveness Plan

Ballard Spahr LLP on

On November 10, 2022, a federal district court in the Northern District of Texas entered judgment in favor of two plaintiffs on an Administrative Procedure Act (APA) claim seeking vacatur of the Biden administration’s plan to...more

Ballard Spahr LLP

Eighth Circuit halts Biden Administration’s federal student loan forgiveness program

Ballard Spahr LLP on

On the evening of Friday, October 21, 2022, the U.S. Court of Appeals for the Eighth Circuit put a halt—albeit a potentially temporary one—to the Biden Administration’s federal student loan forgiveness program, which had been...more

Akin Gump Strauss Hauer & Feld LLP

Supreme Court and U.S. District Court Reject Legal Bids Contesting the Biden-Harris Administration’s Student Debt Relief Program

On Thursday, October 20, the Biden-Harris Administration’s Student Debt Relief Program prevailed in two early legal cases challenging the plan. Justice Amy Coney Barrett denied an emergency bid to obstruct the program from a...more

Bowditch & Dewey

Biden’s 2022 Federal Student Loan Debt Relief

Bowditch & Dewey on

In August, the Biden administration announced the long-anticipated plan for the cancellation of student loan debt for many student loan borrowers. This has been a controversial political topic for many, but a sigh of relief...more

Akin Gump Strauss Hauer & Feld LLP

Biden-Harris Administration Opens Application for Student Debt Relief Program and Reports Eight Million Americans Have Already...

On the afternoon of Monday, October 17, President Biden announced via Twitter and press release that the Department of Education (DOE) has officially launched the application for its Student Debt Relief Plan. Borrowers can...more

Akin Gump Strauss Hauer & Feld LLP

Biden-Harris Administration Releases Preview of the Student Debt Relief Application Form

On Tuesday, October 11, the Biden-Harris administration and the Department of Education (DOE) provided a preview of the student debt relief application they had announced earlier in the year. Published on the White House’s...more

Akin Gump Strauss Hauer & Feld LLP

White House Announces Federal Student Loan Forgiveness Plan and Final Repayment Moratorium Extension

On Wednesday, August 24, the Biden-Harris administration and Department of Education announced a three-part student debt relief plan aimed at making the student loan system more manageable for those with existing student loan...more

20 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide