Tag Archives: student debt relief

Brooklyn Draisey, Iowa Capital Dispatch All of the Republicans running for president in 2024 oppose President Joe Biden’s efforts to forgive college debt. Some — but not all — of them have offered their own ideas to make higher education more affordable. The pause on student loan repayments that began …

President Joe Biden is exploring new student debt relief programs designed to assist various categories of borrowers. These initiatives come in the wake of the Supreme Court’s decision to invalidate Biden’s previous attempt at mass loan forgiveness. On Monday, the Education Department unveiled the text of these proposals, detailing four …

Ariana Figueroa, Florida Phoenix As federal student loan repayments restart, the Biden administration Wednesday announced an additional $9 billion in student loan forgiveness for 125,000 borrowers. “For years, millions of eligible borrowers were unable to access the student debt relief they qualified for, but that’s all changed thanks to President …

Casey Quinlan, Wisconsin Examiner Complaints about student debt relief scams are increasing as the date approaches for borrowers to restart payment on their student loans after more than a three-year pause. Consumer protection advocates say that the Biden administration’s student debt relief efforts, the subsequent halting of those policies by …

Julia Conley, Common Dreams Just as the Biden administration announced this week that 4 million people have enrolled in its new income-driven repayment plan for student loan borrowers just two weeks after it was launched, Republican lawmakers in Congress announced plans to rip the debt relief away from Americans—saddling them …

A federal judge in Michigan has rejected an effort by a pair of right-wing think tanks to stop the Biden administration from canceling the student debt of roughly 804,000 borrowers who have been making payments on their loans for more than two decades. In an 18-page decision on Monday, U.S. …

The Biden administration is introducing a beta website for its new income-driven student loan repayment plan, called the Saving on a Valuable Education (SAVE) plan. This initiative aims to improve the federal student loan system, providing relief to borrowers as federal student loan payments are set to resume in October. …

Nadra Nittle Originally published by The 19th Weeks after the Supreme Court blocked President Joe Biden’s student debt forgiveness plan in June, many borrowers on Friday received some welcome news about loan relief: The Department of Education announced that it will discharge $39 billion in federal student debt for about …

Ashley Murray, New Jersey Monitor Supporters of student loan debt cancellation are organizing to hold GOP lawmakers “accountable” in the 2024 election cycle following the U.S. Supreme Court ruling blocking President Joe Biden’s debt relief plan. The left-leaning Protect Borrowers Action will target 13 U.S. House districts across California, Colorado, …

Originally published by The 19th President Joe Biden announced Friday that he plans to pursue new avenues to forgive student debt after the Supreme Court blocked the relief plan he had announced last year to eliminate up to $20,000 in loans for borrowers earning under $125,000 annually. First, Biden said, …

The Supreme Court is about to make a decision regarding President Joe Biden’s plan to forgive student loans. If the plan is approved, it could eliminate up to $20,000 in federal student loans for many Americans who earn less than the income threshold set by the plan. Some borrowers may …

Ariana Figueroa, Georgia Recorder The U.S. Senate on Thursday voted to overturn the Biden administration’s one-time student debt relief plan that is on hold due to a pending Supreme Court decision. President Joe Biden has vowed to veto the resolution, but the 52-46 vote forced vulnerable Senate Democrats up for …

Ariana Figueroa, Florida Phoenix The U.S. House on Wednesday voted to overturn the Biden administration’s one-time student debt relief plan that is currently on hold awaiting a Supreme Court decision expected within weeks. Before the 218-203 vote on the resolution, the White House said President Joe Biden would veto it, arguing …

The U.S. Supreme Court said Thursday it will hear oral arguments in February over a legal challenge by six Republican-led states to the Biden administration student borrower relief plan. Until the arguments are heard and the court issues a ruling, the $400 billion Biden plan is on hold due to …

Ariana Figueroa, Virginia Mercury A federal appeals court on Monday issued a nationwide injunction indefinitely blocking the Biden administration’s student debt relief program in response to a challenge by six GOP-led states. The unanimous ruling by the 8th Circuit Court of Appeals in St. Louis came after the six states — Nebraska, …