All borrowers with federally held student loans are eligible for $10,000 in forgiveness if they earned less than $125,000 in 2020 or 2021 as a single tax filer, or $250,000 as a head of. Wisconsin poised to tax student loan debt relief but how may be …. Four days later, a federal appeals court decision in the. The Department of Education estimates that roughly 27 million borrowers will be eligible to receive up to $20,000 in relief, helping these borrowers meet their economic potential and avoid. On the federal level, student debt relief is tax exempt until 2026 because of a provision in the American Rescue Plan Act. Those are: 18 USC 1001–Felony fraud, punishable by up to 5 years in prison and a $250,000 fine 18 USC 1621–Felony perjury, punishable by up to 5 years in prison and a. Biden takes debt limit fight to Republican. Debt Management and Debt Help. A primary argument against the relief is that it violates the authority under the HEROES Act. Over 2 million borrowers have received $55 billion in student loan forgiveness under a variety of Biden administration student debt relief initiatives, according to the Education. Galston Tuesday, September 6, 2022 FixGov In recent decades, the cost of college has risen faster than overall inflation and family incomes, and states have reduced funding for public. The latest student loan debt statistics show that 45 million student loan borrowers collectively owe $1. Up to $10,000 in debt relief if you didnt receive a Federal Pell Grant in college and meet the income requirements. The Department of Education estimates that roughly 27 million borrowers will be eligible to receive up to $20,000 in relief, helping these borrowers meet their economic potential and avoid. Federal regulators have halted bogus student loan debt-relief programs from three Orange County businesses that allegedly bilked students out of an estimated $12 million by using deceptive. As the report also notes, MOHELA gets $24-$35 per year per loan in service fees (based on a $2 or $2. Post must relate to Student Loan Debt. Hey everyone, so to make a long story short, I just graduated college with around 185k of private loans. To smooth the transition back to repayment and help borrowers at highest risk of delinquencies or default once payments resume, the U. In a 1995 column for the New York Times, Sen. Private student loan forgiveness does not exist and no lenders offer this option. But unlike more than 40 other states, Wisconsins state tax code. If your loans are through the government, you should look into income based repayment, deferment, and loan forgiveness. Best of luck to everyone paying off debt!. $6 Billion Student Loan Forgiveness For Over 200,000 Borrowers In Sweeping Settlement With Biden Administration A federal district court ruled in February that settlement relief to resolve. On Nov. Private Student Loan Relief Options. An argument at the very center of Republican attorney generals’ Supreme Court case against President Joe Biden’s student debt cancellation analysis is based on a “fundamentally false” assertion, according to a new and apparent first-of-its-kind analysis released this week. To be eligible, your annual income (AGI) must have fallen below $125,000 (for individuals) or $250,000 (for married couples or heads of households) If you received a Pell Grant in. Over 2 million borrowers have received $55 billion in student loan forgiveness under a variety of Biden administration student debt relief initiatives, according to the Education. After tuition, fees, and my rent and phone bill, Ill have $2830. With Biden student loan forgiveness blocked, feds seek other options. Student debt repayment plans for certain jobs offered in 47. Up to $10,000 in debt relief if you didn’t receive a Federal Pell Grant in college and meet the income requirements. Biden’s plan for relief is limited to borrowers making. ” Biden’s program would cancel up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file. Or, you can always beg a beer company to pay off your loans for you: 8. If you have worked in public service (federal, state, local, tribal government or a non-profit organization) for 10 years or more (even if not consecutively), you may be eligible to have all your. Student Loan Relief email received today:The subject line says Your Student Loan Debt Relief Application Has Been Approved but the body of the text is a. Biden’s program would cancel up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file taxes jointly and earn less than $250,000 annually) — regardless of their. An argument at the very center of Republican attorney generals’ Supreme Court case against President Joe Biden’s student debt cancellation analysis is based on a “fundamentally false” assertion, according to a new and apparent first-of-its-kind analysis released this week. William A. Republicans trying to stop Bidens loan relief push state forgiveness. The Biden student loan plan is a $400billion gift to people with federally issued student loans. They dont have the funding to pay off federal student loans, a reality Trotmon knows well. As part of pandemic-related relief, borrowers with federal student debt have gone a bit more than three years without having to make a federal student loan. Then the covid interest freeze hit and I started getting aggressive with my student loans and just kept going until I finished. Most Wisconsin borrowers can expect to be taxed about $530 by the state, according to The Tax Foundation, a Washington, D. Student loan relief: How one activist group is fighting. My monthly payment refinanced with earnest is 1500+ a month and I cant afford that. 36 left from this semesters student loans to live on for the next three months. Private student loan forgiveness does not exist and no lenders offer this option. Lawler voted in favor of the House GOP bill that would reduce federal spending, rescind unused COVID-relief funds and reverse Bidens student loan cancellations. NEW: The lawsuit against student debt relief claimed student loan servicer MOHELA would lose financial revenue and harm the state of Missouri. Up to $20,000 in debt relief if you received a Federal Pell Grant in college and meet the income requirements Up to $10,000 in debt relief if you didn’t receive a Federal Pell Grant in college and meet the income requirements The debt relief applies only to loan balances you had before June 30, 2022. August 2022 I paid off the student loans. After much time waiting, we received a refund in 2 checks that totaled $5,633. Any new loans disbursed on or after July 1, 2022, aren’t eligible for debt relief. As the legal challenges to President Joe Bidens plan to forgive up to $20,000 in federal student. Relief for those earning less than $125,000 Excluding borrowers who earn more than a certain amount is one way Biden could narrow student debt relief. Student loans had to have been disbursed prior to July 1, 2022, noted in this NYT article. Maryland student loan forgiveness programs The state offers three programs. While the $55 billion in student loan forgiveness approved so far is significant, it is still a relatively small portion of the nearly $2 trillion in outstanding student debt. Other rules apply to consolidation loans. Importantly, both the the Limited PSLF Waiver and the IDR Account Adjustment are entirely distinct from President Joe Biden’s separate initiative to provide $10,000 or $20,000 in student loan. Biden’s program would cancel up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file taxes jointly and earn less than $250,000 annually) — regardless of their. The options for private student loan relief are fewer. Up to $20,000 in debt relief if you received a Federal Pell Grant in college and meet the income requirements Up to $10,000 in debt relief if you didn’t receive a Federal Pell Grant in college and meet the income requirements The debt relief applies only to loan balances you had before June 30, 2022. Kantrowitz currently would expect new rates of 7. 05% on Federal Direct Stafford Loans to graduate students and 8. Student loan expert Mark Kantrowitz thinks the. Currently have around 3,250 dollars in loans (3rd semester), with the rest being applied in January (out of 6. (Anna Moneymaker/Getty Images) 6 min A federal judge in Texas on Thursday struck down President. Student Loan Relief for >FACT SHEET: President Biden Announces Student Loan Relief for. Student loan. Federal student loans offer income-driven repayment plans that can reduce your monthly payments. An argument at the very center of Republican attorney generals’ Supreme Court case against President Joe Biden’s student debt cancellation analysis is based on a “fundamentally false” assertion, according to a new and apparent first-of-its-kind analysis released this week. $6 Billion Student Loan Forgiveness For Over 200,000 Borrowers In Sweeping Settlement With Biden Administration A federal district court ruled in February that settlement relief to resolve. The debt relief applies only to loan balances you had before June. How the justices rule will affect 40 million. She still has $10,000 in federal student loan debt, and she favors mass cancelation. The debt relief applies only to loan balances you had before June 30, 2022. The second plaintiff was eligible for just $10,000 in debt forgiveness—not $20,000—because he did. Requested a loan refund for payments made after March 2020. Under its terms, many borrowers who earned less than $125,000 during the pandemic should receive up to $10,000 in student loan forgiveness. Desert Star, which appears to be a sign-making business, was granted a. Society does not benefit from what, at times, is no less than debt slavery. Im still working on my Masters and the loans scare the living hell out of me. Maryland student loan forgiveness programs The state offers three programs. A federal appeals court on Friday temporarily halted Biden’s signature student loan forgiveness program, which would forgive up to $20,000 in student loan debt for tens of millions of. As the United States barrels towards an unprecedented default on our national debt, Speaker of the House Kevin McCarthy was finally able to pass a debt limit bill last Wednesday, shifting. Resuming the bills for more than 40 million. Another sign said “40 million families need student loan relief now. Importantly, both the the Limited PSLF Waiver and the IDR Account Adjustment are entirely distinct from President Joe Biden’s separate initiative to provide. 7 trillion of student loan debt. The student-debt relief plan to forgive up to $20,000 in loans is facing two legal challenges: one brought by a coalition of six Republican-led states and a second brought by two borrowers. The state offers three programs. 1 day ago · President Joe Biden last summer fulfilled one of his campaign promises to reduce student loan debts for borrowers, who would be relieved of $10,000 worth of federal debt if they make less than. Student loans had to have been disbursed prior to July 1, 2022, noted in this NYT article. Over 2 million borrowers have received $55 billion in student loan forgiveness under a variety of Biden administration student debt relief initiatives,. Student Loan Forgiveness Federally-held student loans through the Dept of Education (DoEd) are eligible for a forgiveness amount dependent on your income. Fulfilling a campaign pledge, President Joe Biden announced in August plans to forgive up to $20,000 in federal student loan debt for individuals with incomes below $125,000 or households. And unlike the debt forgiveness plan, the moratorium applies to everyone with a federal student loan regardless of how much they earn. She still has $10,000 in federal student loan debt, and she favors mass cancelation. If your loans are through the government, you should look into income based repayment, deferment, and loan forgiveness. 10, Texas judge Mark Pittman vacated the one-time student loan debt relief program, claiming it was unconstitutional. Relief for those earning less than $125,000 Excluding borrowers who earn more than a certain amount is one way Biden could narrow student debt relief. In September the nonpartisan Congressional Budget Office determined that the debt forgiveness program would eliminate $430 billion of the $1. This one-time debt relief is provided by the U. Not great for someone with an anxiety disorder. While the $55 billion in student loan forgiveness approved so far is significant, it is still a relatively small portion of the nearly $2 trillion in outstanding student debt. The latest student loan debt statistics show that 45 million student loan borrowers collectively owe $1. When looking on Mohela, it says we have $326. Eligible borrowers can get a full or partial discharge of loans up to $20,000. The question, I think, is whether that is the most worthwhile or fair use of $400bn. Other rules apply to consolidation loans. The report authors conservatively estimate that MOHELA would make $167 million in the first year after cancellation — an 88 percent increase from its 2022 revenue. The debt relief applies only to loan balances you had before June 30, 2022. The second plaintiff was eligible for just $10,000 in debt forgiveness—not $20,000—because he did. Biden’s Student Debt Relief Program Is Now in the Hands of the …. 05% on Federal Direct Stafford Loans to graduate students and 8. Up to $20,000 in debt relief if you received a Federal Pell Grant in college and meet the income requirements Up to $10,000 in debt relief if you didn’t receive a Federal Pell Grant in college and meet the income requirements The debt relief applies only to loan balances you had before June 30, 2022. Over 2 million borrowers have received $55 billion in student loan forgiveness under a variety of Biden administration student debt relief initiatives, according to the Education. Simply donate your eggs instead!!! 7. The antipathy many conservatives feel toward President Bidens student debt relief plan, which the nonpartisan Congressional Budget Office recently estimated will cost roughly $400 billion,. They dont have the funding to pay off federal student loans, a reality Trotmon knows well. Once debt cancellation begins, the plan could offer up to $10,000 in student loan debt relief to eligible borrowers making less than $125,000 ($250,000 per household. FACT SHEET: President Biden Announces Student Loan Relief …. The report authors conservatively estimate that MOHELA would make $167 million in the first year after cancellation — an 88 percent increase from its 2022 revenue. In response, on November 18, the Department of Justice went to the Supreme Court asking it to permit the student debt relief program to take effect while. One-time Federal Student Loan Debt Relief. The student-debt relief plan to forgive up to $20,000 in loans is facing two legal challenges: one brought by a coalition of six Republican-led states and a second brought by two borrowers. Conservative Supreme Court justices seem skeptical of Bidens. All borrowers with federally held student loans are eligible for $10,000 in forgiveness if they earned less than $125,000 in 2020 or 2021 as a single tax filer, or $250,000 as a head of. 18 hours ago · Federal regulators have halted bogus student loan debt-relief programs from three Orange County businesses that allegedly bilked students out of an estimated. Biden’s program would cancel up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file taxes jointly and earn less than $250,000 annually) — regardless of their. The debt ceiling debate is back in Biden’s court – Orange. 18 hours ago · Federal regulators have halted bogus student loan debt-relief programs from three Orange County businesses that allegedly bilked students out of an estimated $12 million by using deceptive. Student Debt Relief Is >Report: Central Legal Case Against Student Debt Relief Is. Lawler voted in favor of the House GOP bill that would reduce federal spending, rescind unused COVID-relief funds and reverse Bidens student loan cancellations. Student Debt Relief RedditThe administration “laid out significant. The student-debt relief plan to forgive up to $20,000 in loans is facing two legal challenges: one brought by a coalition of six Republican-led states and a second brought by two borrowers from. 1 day ago · President Joe Biden last summer fulfilled one of his campaign promises to reduce student loan debts for borrowers, who would be relieved of $10,000 worth of federal debt if they make less. The one-time debt relief plan makes borrowers earning less than $125,000 annually - or $250,000 for couples, eligible for up to $20,000 in student loan forgiveness. student loan plan?>Do Americans support President Biden’s student loan plan?. For residents in good standing on their debt, SmartBuy 3. The Biden program would forgive $10,000 in public student loans for individuals earning less than $125,000 per year, or married couples making less than $250,000 combined. Then the covid interest freeze hit and I started getting aggressive with my student loans and just kept going until I finished. But the move could also lower their monthly payments. Federal loan borrowers would see their student debt reduced by up to $20,000 under Biden’s plan. 10, Texas judge Mark Pittman vacated the one-time student loan debt relief program, claiming it was unconstitutional. In August, Preisdent Joe Biden announced that the U. Biden’s Student Debt Relief Program Is Now in the Hands of. Biden pushed for a tradeoff that would lift the debt ceiling, and protect vital social programs, while prioritizing a. Theres no way I can afford to keep. The interest rates on student loans should be pegged simply to adjust for inflation, not to create a profit. I expect to graduate with around 27k in debt. To smooth the transition back to repayment and help borrowers at highest risk of delinquencies or default once payments resume, the U. Biden’s plan calls for eliminating up to $20,000 in student loan debt for millions of borrowers who make less than $125,000 individually or $250,000 as a couple. The average debt is $36,177. Student Loan Forgiveness Is Completely Unfair To These People. 68 of accrued interest so my total is now ~$6,000. 5 Crucial Takeaways After Court Halts Student Loan Forgiveness. Altogether, the state tax could generate $380 million. New Report on State Standing in Student Loan Case Comes Up A Few. Biden’s program would cancel up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file taxes jointly and earn less than $250,000. This sub really helped me with motivation to keep on going. Since the Administration announced its debt relief planin August (forgiving up to $20K from most federal student loans), various parties opposed to the plan have taken their objections to court in order to pause, modify, or cancel the forgiveness. Bidens student-debt relief remains blocked in court following conservative-backed lawsuits. Federal regulators have halted bogus student loan debt-relief programs from three Orange County businesses that allegedly bilked students out of an estimated $12 million by using deceptive. 0 pays off up to 15% of a home purchase, with a maximum of. 05% on Parent PLUS and Grad PLUS loans. Since the Administration announced its debt relief plan in August (forgiving up to $20K from most federal student loans), various parties opposed to the plan have taken their. For residents in good standing on their debt, SmartBuy 3. Lets fight back against student loan debt servitude. Forgiving student loans. The average federal student loan debt nears $30,000. Under its terms, many borrowers who earned less than $125,000 during the pandemic should receive up to $10,000 in student loan forgiveness. Proof that student debt is a family affair: 9. Student Loan Forgiveness Blocked Again: What to Know. President Biden speaks about student debt relief at Delaware State University last week. The one-time debt relief plan makes borrowers earning less than $125,000 annually – or $250,000 for couples, eligible for up to $20,000 in student loan. The options for private student loan relief are fewer. Student Loan Repayment came with interest? August 2022 I paid off the student loans. 6 trillion in outstanding student debt and more than 40 million borrowers would be eligible to receive the benefits. Supreme Court to Decide on Student Loan Debt Relief. Up to $10,000 in debt relief if you didn’t receive a Federal Pell Grant in college and meet the income requirements. Student Loan Forgiveness>5 Crucial Takeaways After Court Halts Student Loan Forgiveness. Student Loan Debt Automatically. Department of Education would deliver student loan forgiveness of up to $20,000 for tens of millions of Americans. For example, Aetna matches employees’ U. FACT SHEET: President Biden Announces Student Loan Relief for. 05% on Parent PLUS and Grad PLUS loans. Forgiving student loans. Department of Education will provide up to $20,000 in debt relief to Pell Grant recipients with loans held by the Department of Education and up to $10,000 in debt relief to non-Pell Grant recipients. Another sign said “40 million families need student loan relief now. To be eligible, your annual income (AGI) must have fallen below $125,000 (for individuals) or $250,000 (for married couples or heads of households) If you received a Pell Grant in college and meet the income threshold, you will be eligible for up to $20,000 in debt cancellation. Individuals with an annual income of less than $125,000 (or under $250,000 for married couples or heads of households) are entitled to have up to $10,000 in federal student loans canceled. About 8 million borrowers will receive up to $20,000 in student loan debt relief automatically. Biden administration asks Supreme Court to let student debt. The White House has said payments and interest will resume either 60 days after the Supreme Court makes its ruling or 60 days after June 30, 2023. Mon-Thu 5:00 AM - 7:00 PM PT; Fri-Sun 5:00 AM - 5:00 PM PT; Home Loans General Support:. The central theory of standing for Biden v. Heres a joke thatll make every. 7 trillion of student loan debt. Applications for student loan forgiveness no longer accepted. Importantly, both the the Limited PSLF Waiver and the IDR Account Adjustment are entirely distinct from President Joe Biden’s separate initiative to provide $10,000 or $20,000 in student loan. Again, roughly a half of a percentage point. Any new loans disbursed on or after July 1, 2022, arent eligible for debt relief. Federal student loans offer income-driven repayment plans that can reduce your monthly payments. To be eligible, your annual income (AGI) must have fallen below $125,000 (for individuals) or $250,000 (for married couples or heads of households) If you received a Pell Grant in college and meet the income threshold, you will be eligible for up to $20,000 in debt cancellation. Department of Education (ED) as part of the Biden-Harris Administration student debt relief plan. White House officials are leaning. Reddit; QUESTIONS?. Student Loan Forgiveness Federally-held student loans through the Dept of Education (DoEd) are eligible for a forgiveness amount dependent on your income. A debtors union erased the debt of 400-plus students who attended Bennett College, a womens HBCU. A federal appeals court on Friday temporarily halted Biden’s signature student loan forgiveness program, which would forgive up to $20,000 in student loan. After the Biden student loan forgiveness was mentioned. New Student Loan Debt Relief Approval Email Has Significant. We FOIAd MOHELAs financial. The Biden program would forgive $10,000 in public student loans for individuals earning less than $125,000 per year, or married couples making less than $250,000 combined. An NBC News review of student loan forgiveness policies in certain Republican-led states found that the. On Thursday, US District Judge Mark Pittman — appointed by former President Donald Trump — in the Northern District of Texas Court ruled that Bidens plan to forgive up to $20,000 in student. The union, the Debt Collective, wants President Joe Biden to cancel all federal student. The Department of Education estimates that roughly 27 million borrowers will be eligible to receive up to $20,000 in relief, helping these borrowers meet their economic potential and avoid. Student Loan Case Comes Up A >New Report on State Standing in Student Loan Case Comes Up A. Reddit; QUESTIONS? Customer Support: (855) 456-7634. Since there are approximately 250 million. Im young and I know theres plenty of time to deal with the repercussions. The one-time debt relief plan makes borrowers earning less than $125,000 annually – or $250,000 for couples, eligible for up to $20,000 in student loan forgiveness. An Employee Benefit Research Institute survey last year showed that. The student-debt relief plan to forgive up to $20,000 in loans is facing two legal challenges: one brought by a coalition of six Republican-led states and a second brought by two borrowers. To keep it short and simple, I want to save some money and move to. -based student loan payments up to $2,000 a year for a lifetime maximum of up to $10,000 for qualifying loans; PwC offers associates and senior. An argument at the very center of Republican attorney generals Supreme Court case against President Joe Bidens student debt cancellation analysis is based on a fundamentally false assertion, according to a new and apparent first-of-its-kind analysis released this week. With Biden student loan forgiveness blocked, feds seek other. One plaintiff has student loans that are now privately held and not eligible for forgiveness. 90 per month fee), as compared to a one-time $11. In September the nonpartisan Congressional Budget Office determined that the debt forgiveness program would eliminate $430 billion of the $1. $6 Billion Student Loan Forgiveness For Over 200,000 Borrowers In Sweeping Settlement With Biden Administration A federal district court ruled in February. Federal student loan payments have been on pause since March 2020, when the coronavirus pandemic first hit the U. All borrowers with federally held student loans are eligible for $10,000 in forgiveness if they earned less than $125,000 in 2020 or 2021 as a single tax filer, or $250,000 as a head of. Department of Education will provide up to $20,000 in debt relief to Pell Grant recipients with loans held by the Department of Education and up to $10,000 in debt relief to non-Pell Grant recipients. For single and MFS filers, the income limit is $125,000. $6 Billion Student Loan Forgiveness For Over 200,000 Borrowers In Sweeping Settlement With Biden Administration A federal district court ruled in February that settlement relief to resolve. Student Loan Forgiveness Federally-held student loans through the Dept of Education (DoEd) are eligible for a forgiveness amount dependent on your income. Estrada-Pérez, who is also the executive director of the Student Loan Fund in Connecticut, which helps predominantly Black and Latino. Bidens program would cancel up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file taxes jointly and earn less than $250,000 annually) — regardless of their. A federal appeals court on Friday temporarily halted Biden’s signature student loan forgiveness program, which would forgive up to $20,000 in student loan debt for tens of millions of. student loan forgiveness blocked, feds seek other >With Biden student loan forgiveness blocked, feds seek other. 5 Crucial Takeaways After Court Halts Student Loan Forgiveness …. One plaintiff has student loans that are now privately held and not eligible for forgiveness. ” Biden’s program would cancel up to $10,000 in debt for borrowers earning less than $125,000 a year (or couples who file. The non-partisan Congressional Budget Office in September calculated the debt forgiveness would eliminate about $430 billion of the $1. student debt relief >The legal fight that could kill Biden’s student debt relief. Plaintiff in Biden Student Debt Lawsuit Had PPP Loan Forgiven. Relief for those earning less than $125,000 Excluding borrowers who earn more than a certain amount is one way Biden could narrow student debt relief. As the report also notes, MOHELA gets $24-$35 per year per loan in service fees (based on a $2 or $2. NEW: The lawsuit against student debt relief claimed student loan servicer MOHELA would lose financial revenue and harm the state of Missouri. Borrowers who received Pell Grants, federal grants. The one-time debt relief plan makes borrowers earning less than $125,000 annually – or $250,000 for couples, eligible for up to $20,000 in student loan forgiveness. An argument at the very center of Republican attorney generals’ Supreme Court case against President Joe Biden’s student debt cancellation analysis is based on. Student loan borrowers thought they were getting relief. Under the most recent extension, if the Supreme Court gives a final decision either permitting the debt relief program to go forward or firmly declaring it unlawful, then the. Currently have around 3,250 dollars in loans (3rd semester), with the rest being applied in January (out of 6. As the report also notes, MOHELA gets $24-$35 per year per loan in service fees (based on a $2 or $2. In less than two months, the US Supreme Court will issue its decision on President Joe Bidens plan to forgive up to $20,000 in student loan debt. Maryland student loan forgiveness programs. Started while Im grad school with a $18 hour wage and ended with a salary of $115k. Over 2 million borrowers have received $55 billion in student loan forgiveness under a variety of Biden administration student debt relief initiatives, according to the Education. Federal regulators have halted bogus student loan debt-relief programs from three Orange County businesses that allegedly bilked students out of an estimated $12 million by using deceptive. Student Loan Forgiveness Federally-held student loans through the Dept of Education (DoEd) are eligible for a forgiveness amount dependent on your income. As the report also notes, MOHELA gets $24-$35 per year per loan in service fees (based on a $2 or $2. On the federal level, student debt relief is tax exempt until 2026 because of a provision in the American Rescue Plan Act. Another sign said “40 million families need student loan relief now.