ACPA College Student Educators International is disappointed in and frustrated by the U.S. Supreme Court’s 6-3 decision in Biden v. Nebraska related to the current administration’s plan for student loan forgiveness. The plan would have forgiven up to $10,000 in student loan debt (or $20,000 for those who received a Pell grant).
We empathize that many of our members, stakeholders, and students we support would have been positively affected by the student loan forgiveness plan.
Even though the U.S. Supreme Court ruled against the proposed plan, it does not hinder the ongoing opportunities available through the Public Service Loan Forgiveness (PSLF) Program. We encourage ACPA members to examine the opportunities provided under the PSLF plan. We encourage you to speak with your human resources and financial aid offices with questions about how to utilize this opportunity.
For members worried about the restart of loan payments (paused since March 2020), we encourage you to verify your information through the federal student aid portal hosted by the U.S. Department of Education and to consider the most appropriate payment plan options. It is anticipated that loan payments will resume between September 1st and October 1st, 2023.
As an association focused on boldly transforming higher education, we continue to be concerned by the increasing costs of higher education and issues connected to college access and affordability. Please refer to our policy statement that reiterates this commitment. These are real issues affecting college students as well as colleagues who are saddled with high interest rates and student loan debts. As a higher education community, we need to provide pathways to support existing borrowers to help with reducing and balancing repayment options, as well as building sustainable processes to better support financial aid for students.
ACPA is committed to working with higher education colleagues in continued advocacy to increase access and affordability.
U.S. Supreme Court decisions can be difficult to understand but we encourage ACPA members to review the decision in full as well as credible articles and summations.
Heather Shea, Ph.D., 2023-24 ACPA President
Chris Moody, Ed.D., ACPA Executive Director
ACPA External Relations Advisory Board