Student Debt Cancellation Resources Page


Student debt cancellation has gained attention in recent years as a policy proposal to address rising student debt levels in the United States. In August 2022, President Biden announced a plan to cancel up to $10,000 of debt for federal student loan holders and up to $20,000 of debt for all federal student loan borrowers who had received a Pell Grant; only households earning less than $250,000 per year (or $125,000 for an individual) would have been eligible. In June 2023, the Supreme Court of the United States ruled President Biden's student loan cancellation plan unconstitutional, preventing it from happening. 

Below is a list of resources discussing the economic, fiscal, and distributional implications of debt cancellation, the legality of cancellation, Congressional testimony, op-eds, and debt cancellation legislation and proposals.

Economic & Fiscal



Government Memos

Legal Analysis




Legislation and Proposals