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President Joe Biden said that his administration would prevail in lawsuits challenging his student debt relief plan and predicted that applicants would start getting checks within two weeks.
“We’re going to win that case,” Biden said in an interview with NewsNation, a cable outlet. “I think in the next two weeks you’re going to see those checks going out.”
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As employees decide whether to stay with their employer, support tied to student loan debt and education benefits is becoming a clear differentiator.
From loan repayment and forgiveness to tuition planning, employers can improve workers' education about how to proceed following July 1 changes to plan options.
Starting July 1, 2026 Parent PLUS loans will no longer be eligible for flexible repayment options.
A delay in administrative wage garnishment buys employers more time to devise strategies to assist debt-ridden employees and alleviate financial stress.
Helping workers manage their previous debts and future goals boosts internal mobility, retention and satisfaction.
