Biden student loan headaches pile up as lawsuit targets repayment pause

The Biden administration will find itself in court once again over student loans, this time concerning the 3-year-old repayment pause.
 

SoFi Bank, a public company that refinances student loans, has sued to end the pause, arguing that it no longer has any connection to the pandemic.

“The eighth extension does not even attempt to redress harm from the pandemic at all, but rather to alleviate ‘uncertainty’ caused by the debt-cancellation litigation,” SoFi says in the lawsuit.

Money by Ervins Strauhmanis is licensed under flickr Attribution 2.0 Generic (CC BY 2.0)
PAID FOR BY KELLI WARD
Privacy Policy
© 2024 Dr. Kelli Ward - All Rights Reserved.