The judge blocks the scholar debt relief program. What this implies for Navient.

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A federal judge in Texas blocked President Joe Biden’s student debt relief program on Thursday. This could possibly be excellent news for lenders like

Nawient

In August, Biden announced his student loan debt plan, which included the cancellation of $ 10,000 of federal student loan debt for every borrower with an income limit of $ 125,000 or for couples earning lower than $ 250,000 a yr and forgiveness as much as $ 20,000. USD to those that received federal Pell grants and made lower than $ 125,000.


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