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The Guardian - US
The Guardian - US
Business
Erum Salam

Key plank of Biden student-debt relief plan can move forward, court rules

Protesters wearing yellow hats protest in favor of cancelling student debt, with one holding a sign
Activists in Washington protest in favor of cancelling student debt. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

A key piece of Biden’s student loan forgiveness plan can move forward, a federal appellate court has ruled.

The move allows millions of borrowers to see their loan payments cut in half, but stops short of outright erasing debts for now.

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