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...
The Department of Education just shared the first draft of the proposal’s rules, and there’s a lot to break down.
U.S. Secretary of the Interior, Deb Haaland, has announced an ambitious five-year offshore wind leasing schedule that includes up to 12 potential offshore wind energy lease sales through 2028. The
Education Department unveils new rules focused on canceling loan interest. Unveiled rules are part of the larger Biden effort to cancel student loan debt. Efforts could impact 30 million borrowers when combined with other steps
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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 […]
Few issues have vexed the Biden administration like student loan forgiveness. Given that more than 40 million Americans owe money on their student loans, for a total of $1.6 trillion, few issues have such a large impact on so many. Democrats and progressives have long prioritized this matter, and President Joe Biden promised to fight for significant debt relief before taking office. Even though his ambitious proposal to use his executive authority to forgive $400 billion in student loan debt...
New Title IX rules from the Biden administration protect LGBTQ students from discrimination, but sidestep transgender athlete eligibility.
(The Center Square) – President Joe Biden's plans to cancel student debt for some borrowers could cost taxpayers up to $1.4 trillion, depending on how the plans are implemented, a new report estimates. The nonpartisan Committee for a Responsible Federal Budget estimated all Biden's recent debt cancellation efforts would cost a combined $870 billion to $1.4 trillion. "That’s more than all federal spending on higher education over the nation’s entire history,"...
Student protests over the war in Gaza have created an unpredictable challenge for President Joe Biden as he resists calls to cut off U.S. support for Israel while trying to hold together a coalition of supporters he’ll need for reelection.
MORNING NEWSBREAK | S.C. Superintendent of Education Ellen Weaver is recommending that state school districts disregard new federal rules that would expanded the definition of sex discrimination under Title IX to protect gay, lesbian and transgender (LGBTQ) students. Weaver wrote in a memo that frames herself as a defender of S.C. schools from “divisive distractions […]
The Biden administration released its new proposal to forgive student debt for millions of Americans. It hopes this plan will survive legal challenges.