Jimmy Williams The Biden administration has announced the cancellation of $5 billion in student debt for 74,000 borrowers, marking a new wave of loan forgiveness. President Joe Biden stated that 44,000 of the approved borrowers, including teachers, nurses, and firefighters, had their education debt wiped clean after a decade of …
Read More »White House Provides Another $9 Billion In Student Debt Relief As Pandemic Pause Ends
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 …
Read More »Judge Rejects Right-Wing Effort to Block Student Debt Relief for 800,000+
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. …
Read More »Biden Student Debt Relief Plan Revoked In U.S. House Vote
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 …
Read More »Supreme Court To Review Biden Student Debt Relief Plan In February
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 …
Read More »Student Loan Repayment Pause Extended By White House Amid Legal Battles Over Relief Plan
Ariana Figueroa, Pennsylvania Capital-Star The Department of Education announced on Tuesday it is extending the pandemic-era pause on federal student loan repayments until June 30 while legal challenges to the administration’s student debt relief program are fought over in the courts. The agency said if the student debt relief program …
Read More »Appeals Court Temporarily Blocks Student Debt Cancellation
Jake Johnson, Common Dreams In an unsigned order Friday night, the conservative-dominated Eighth Circuit Court of Appeals temporarily barred the Biden administration from moving ahead with student debt cancellation as judges weigh an effort by Republican attorneys general to block the program. The court’s one-page order said it decided to grant the …
Read More »The Student Debt Relief Application Is Live: Here’s What You Need To Know
Ariana Figueroa, Virginia Mercury President Joe Biden announced Monday that student loan borrowers can begin to apply for debt relief through a new online application. Biden said the application is easy and fast. It will allow every borrower with an income of $125,000 or less ($250,000 for married couples) to have up …
Read More »‘Quiet Part Out Loud’: GOP Warns Biden Student Debt Cancellation Will Hurt Military Recruitment
Brett Wilkins, Common Dreams Progressive voices on Monday rebuked Republican U.S. lawmakers for repeatedly warning President Joe Biden that forgiving student loan debt will harm the military’s ability to attract recruits with the promise of free college. Nineteen Republican members of the House of Representatives last week signed a letter …
Read More »80+ Democrats Urge Pres. Biden to Deliver on Promise to Cancel Student Loan Debt
United States Senator Elizabeth Warren (D-Mass.), Senate Majority Leader Charles E. Schumer (D-N.Y), and United States Representatives Pramila Jayapal (D-Wash.), Ayanna Pressley (D-Mass.), Ilhan Omar (D-Minn.), and Katie Porter (D-Calif.) led more than 80 Senate and House colleagues calling on the Biden administration to release the Department of Education’s (ED) …
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