WASHINGTON (NEXSTAR) – The Biden administration has been able to forgive billions of dollars in student loans despite the Supreme Court blocking President Joe Biden’s plan to cancel up to $400 billion in student debt in June 2023.
Specific categories of borrowers can still see relief through pre-existing student federal loan forgiveness programs. Here’s a list of who could qualify, according to the Department of Education:
- Teachers
- Government Employees
- Nonprofit workers
- Nurses, doctors or other medical professionals
- People with disabilities
- People who repay loans under an Income-Driven Repayment (IDR) plan
- Your school has closed
- Your school misled you
- You’re a federal Perkins loan borrower
- You’re a parent borrower
- You’re a victim of forgery
- You’ve declared bankruptcy
- Discharge due to death
What is the SAVE plan?
Millions of Americans are seeing their loans canceled under the Biden administration’s Saving on a Valuable Education (SAVE) plan. It’s one of several IDR plans that provides relief to …