Student-loan borrowers, like Wade Burt, face uncertainty regarding payment relief as litigation challenges persist, and Biden's broader debt relief plans have been withdrawn.
Burt expressed doubts about paying off his student loans, stating, 'I don't have any confidence that I'll pay the student loans beyond 72 because I just won't have that kind of income.'
Many borrowers share Burt’s sentiment of hopelessness regarding their student debt situation, especially with the incoming Trump administration opposing forgiveness efforts.
After withdrawing broad debt relief plans, Biden’s Education Department noted the limited time left to implement effective measures for student-loan forgiveness.
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