Georgia’s student loan borrowers are doing homework on their options after the U.S. Supreme Court’s recent decision that struck down President Joe Biden’s plan to forgive up to $10,000 in federal student debt for those who earn less than $125,000 a year, and $20,000 for Pell Grant recipients.
The blocked proposal would have erased all student debt for some Georgians. For others here in the Peach State, where the average owed is nearly $42,000, it would have at least taken a bite out of their balance.