Many companies featured on Money advertise with us. Opinions are our own, but compensation and
in-depth research may determine where and how companies appear. Learn more about how we make money.

By:
Editor:
Published: Nov 07, 2022 6 min read
Graduating class in caps and gowns at commencement
Shutterstock

President Joe Biden’s student loan forgiveness plan has been stuck in legal limbo for weeks.

While relief of up to $20,000 of federal student loan debt per borrower is on hold, the Biden administration has been optimistic in its messaging about forgiveness, spurring confusion for many borrowers.

“Debt relief is here,” reads an announcement from the Department of Education that was posted to Twitter on Saturday.

The announcement linked to the online portal where applications are being accepted, but the department has not yet been able to cancel anyone’s debt because of an ongoing court case.

Similarly, when asked about that court case, Biden told a NewsNation reporter in an interview at the end of October that debt-relief checks could start rolling out the week of Nov. 7.