If you’re confused about President Joe Biden’s various student loan debt-cancellation schemes, who can blame you? And on Tuesday, the Biden administration unveiled its third Read More
Student debt, a new Gallup report shows, is making it harder for young people to reach key life milestones. According to a Gallup survey of over 14,000 adults, over 70% of people say student debt has “delayed major life events” including moving out of their parents’ home, getting married, and having a child. Strikingly, there […]
In August of 2023, U.S. District Court Judge Sharon Gleason issued a ruling suspending leases in the Alaska National Wildlife Refuge (ANWR) Coastal Plain 1002 Area. Now a group of Alaskan organizations, including the Alaska Industrial Development and Export Authority (AIDEA) and several other groups such as the North Slope Borough and the Kaktovik lnupiat Corporation, are
The Biden administration has finalized a new rule for land management, despite facing opposition from private industries and Republicans.
NEW YORK (AP) — The Biden administration has finalized a new rule set to make millions of
She will be honored at Fairleigh Dickinson University next month.
About 4 million more workers will qualify for overtime when the rule is fully implemented.
The Biden administration released its new proposal to forgive student debt for millions of Americans. It hopes this plan will survive legal challenges.
Millions of salaried workers will soon qualify for overtime pay under a final rule released by the US Department of Labor on Tuesday. The new rule raises the salary threshold under which salaried employees are eligible for overtime in two stages. The threshold will increase to the equivalent of an annual salary of $43,888, or $844 a week, starting July 1, and then to $58,656, or $1,128 a week, on January 1, 2025. About 4 million more workers will qualify for overtime when the rule is fully...
Biden's New Student Debt Relief Will Add Up To $750 Billion To The Budget Deficit By The Committee for A Responsible Federal Budget The Biden Administration recently announced a new plan to cancel student debt for up to 30 million borrowers and released a preliminary rule this morning detailing parts of this plan. The proposal, which is being introduced through the rule making process, would replace the Administration’s initial proposal to cancel between $10,000 and $20,000 per...
President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election. The Education Department on Tuesday filed paperwork for a new regulation that would deliver the cancellation the Democratic president announced last week. The regulation has to go through a public comment period and another review before it can be finalized. The regulation...
Last week, President Biden visited Madison, Wisconsin where he announced new details for his student debt cancellation plan. While this initiative promises immediate short-term financial relief, it avoids addressing the deeper systemic issues plaguing American higher education. “Starting this fall we plan to deliver up to $20,000 in interest relief to over 20 million borrowers […]