Student Loan Forgiveness 2024 News And Debate. The fed has held its policy rate in the current range of 5.25% to 5.50% since july 2023 after raising to that level at a breakneck pace over the prior 16 months to combat the worst. Some federal student loan borrowers’ payments are now on pause while a court battle plays out over the biden administration’s latest student loan forgiveness plan, with a.

How will student loan forgiveness influence the 2024 election? The supreme court on friday struck down the biden administration’s massive student loan forgiveness program, ruling that the education department had exceeded the authority.