Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges


by CNBC

CNBC— After the Supreme Court blocked President Joe Biden's first plan to forgive student debt, his administration set out to create a more viable relief package.

Americans for Tax Reforms—Biden’s Student Loan Cancellation Plan Will Only Worsen a Larger Problem in Higher Education. 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 […]

PetaPixel—Biden Administration Forgives $6.1B in Loans to Former Art Institute Students. The Biden Administration will forgive $6.1 billion in student loan debt to nearly 317,000 borrowers who enrolled at the Art Institute between 2004 and 2017 as it has been determined that the school made "pervasive and substantial misrepresentations" about career prospects. [Read More]

RedState—Bill Maher Roasts Biden's Student Loan Forgiveness Plan for 'Supporting Jew Hating' Protesters. President Joe Biden’s