Today, the Supreme Court agreed to hear arguments on the legality of the Administration’s student loan debt relief program. The case will be argued in the February 2023 argument session. In the meantime, the program will remain on hold. Last week, the Administration extended the student loan payment pause, stating, “payments will resume 60 days after the Department is permitted to implement the program or the litigation is resolved, which will give the Supreme Court an opportunity to resolve the case during its current Term. If the program has not been implemented and the litigation has not been resolved by June 30, 2023 – payments will resume 60 days after that.”
The Department of Education’s press release on the student loan payment pause extension may be accessed here.