Student Loan Forgiveness Was Just Struck Down. Here Are Some Other Debt Forgiveness Options.

Student loan debt is a major financial burden for millions of Americans. President Joe Biden had put forth a plan to forgive up to $20,000 in student loan debt for as many as 40 million borrowers. But on Friday June 30, the U.S. Supreme Court ruled, 6-3, that the administration did not have that authority. 

With the Supreme Court's decision, student loan forgiveness is currently off the table. But for disappointed borrowers who were hoping to see some of their loan balance disappear, there are still some possible options to get debt wiped away.

Here are two of them. 

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Source Fool.com