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.
The Department of Education just shared the first draft of the proposal’s rules, and there’s a lot to break down.
The Biden administration released its new proposal to forgive student debt for millions of Americans. It hopes this plan will survive legal challenges.
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...
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 […]
Michael RaineyApril 16, 2024The Department of Education on Tuesday released a first set of draft rules for President Joe Biden’s proposed plan
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.
He will stop in Westchester County for a fundraiser is being hosted by actors Michael Douglas and Catherine Zeta-Jones and fashion designer Eileen Fisher.
Last week, the Biden administration issued new rules for transgender students under the rubric of Title IX. The rules would block any effort for schools to require students to use the bathroom associated with their birth gender.
The Biden administration's latest plan to wipe out federal student loan debt for millions of borrowers could add up to $750 billion to the national deficit, according to a Tuesday report from the Committee for a Responsible Federal Budget.So far, the White House has announced $150 billion in so-called student loan "forgiveness" programs over the last year following the Supreme Court's June decision to reject unilateral loan cancellations. The previously rejected program would have wiped out $430...
President Joe Biden has worked to woo young voters with his student loan forgiveness plan, but he is still lagging with the demographic in polls against former President Donald Trump. In two polls released on Thursday, Biden has smaller leads over Trump with young voters than four years ago — in a group he needs […]
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.