An Update on the Debate Over Federal Student Loan Forgiveness
We discuss the Biden Administration’s recent change in tone on forgiveness, alternative approaches to full forgiveness the President might take, potential legal sources of the President’s authority to take such actions, including the status of the Education Dept.’s analysis of the President’s forgiveness authority, and likely timetable for Presidential action. We also look at the Administration’s recent initiatives involving income driven repayment plans and public service student loan forgiveness and explore the perspective of interests opposed to forgiveness.
Ballard Spahr Senior Counsel Alan Kaplinsky hosts the conversation joined by Tom Burke, a partner in the firm’s Consumer Financial Services Litigation Group.