Biden's broad student-loan forgiveness efforts are officially over and borrowers are left wondering what's next: 'It feels like we're in a pretty hopeless situation'

Getty Images; Jenny Chang-Rodriguez/BI

• Student-loan borrowers are entering the new year with uncertainty on their payments and debt relief.
• Ongoing litigation with the SAVE repayment plan makes it difficult for some borrowers to plan financially.
• Biden also officially withdrew his broad debt relief plans, and any future relief under Trump is unlikely.

Wade Burt, 67, is entering the new year without knowing when — or if — he'll be free of his nearly six-figure student-loan balance.