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Legal Scholar Claims Student Loan Repayment Demands Illegal

4/25/2025

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Story summary
  • A legal scholar argues that demanding student loan repayment is illegal, suggesting borrower entitlement.
  • Critics emphasize the importance of honoring contracts and increasing college accountability for student debt.
  • The Biden administration's grace period ended in October, resulting in 9.7 million borrowers falling behind.
  • Only 38% of borrowers are up to date on payments, indicating significant financial challenges.