**Biden’s student loan forgiveness plan has been blocked: What’s next?**.
The Biden administration’s plan to forgive up to $20,000 in student loan debt for millions of Americans has been blocked by a federal appeals court. The court ruled that the administration did not have the authority to implement the plan without congressional approval..
The decision is a major setback for the Biden administration, which has been touting the plan as a way to provide relief to borrowers who are struggling to repay their student loans. The administration is now considering its options, including appealing the decision to the Supreme Court..
**What does this mean for borrowers?**.
If the decision is upheld, it means that the Biden administration will not be able to implement its student loan forgiveness plan. Borrowers who were expecting to have their debt forgiven will not receive any relief..
However, there are still other options available to borrowers who are struggling to repay their student loans. These options include:.
* **Income-driven repayment plans:** These plans cap your monthly student loan payments at a percentage of your income. This can make your payments more affordable..
* **Loan forgiveness programs:** There are a number of loan forgiveness programs available, including Public Service Loan Forgiveness and Teacher Loan Forgiveness. These programs can forgive your student loans after a certain number of years of service..
* **Student loan consolidation:** Consolidating your student loans can simplify your repayment process and may lower your interest rate..
**What’s next?**.
The Biden administration is now considering its options, including appealing the decision to the Supreme Court. It is also possible that the administration will seek to work with Congress to pass legislation that would authorize the student loan forgiveness plan..
In the meantime, borrowers who are struggling to repay their student loans should explore the other options available to them. These options can help make your student loans more affordable and may even help you get your loans forgiven..
**Additional resources**.
* [Federal Student Aid](https://studentaid.gov/).
* [National Student Legal Defense Network](https://www.nsldn.org/).
* [Student Debt Crisis Center](https://studentdebtcrisis.org/).
