Story perspectives
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.
