RALEIGH, N.C. (WTVD) -- President Joe Biden announced a new plan on Monday
by Suzette Smith The Mercury provides news and fun every single day—but your help is essential. If you believe Portland benefits from smart, local journalism and arts coverage, please consider making a small monthly contribution, because without you, there is no us. Thanks for your support! Good Morning, Portland! It's Friday. And looking at the weather, it's just gonna be nice forever now. High of 66-degrees today. 72 on Saturday! Mid-50s to 70s all...
President Joe Biden announced a new bid on Monday to provide federal student loan debt relief to millions of Americans, part of a patchwork of debt relief plans the administration has been stitching together since the Supreme Court struck down Biden’s biggest swing last summer. The new plan offered up on Monday won’t affect nearly as many people as the original plan — but it’s definitely the best workaround that the White House has come up with yet. This time around, rather than canceling the...
President Joe Biden announced a new student loan forgiveness plan early Monday morning. But who qualifies for forgiveness? Will the president succeed with his efforts, Read More
is reporting that the Biden administration is ready to unveil a new student loan debt cancellation plan that will reduce or eliminate the student loan debts of millions of Americans.
A total of 18 states are now suing the Biden administration over its new student debt forgiveness program, hoping to halt $1.2 billion in loan relief for more than 150,000 borrowers. The SAVE Repayment Plan, which was announced in February, allows borrowers to have their federal student debt forgiven if they took out $12,000 or less and have made payments for at least 10 years. A federal lawsuit filed Tuesday — led by Missouri and joined by Arkansas, Florida, Georgia, North Dakota, Ohio and...
President Joe Biden is taking another shot at student loan cancellation, hoping to deliver on a key campaign promise that he has so far failed to fulfill. In a visit to Wisconsin on Monday, Biden detailed a proposal that would cancel at least some debt for more than 30 million Americans. It’s been in the […]
“This new path is legally sound,” Biden said in June. “It’s going to take longer, but, in my view, it’s the best path that remains to providing for as many borrowers as possible with debt relief.”
Announcement is latest in series of debt cancellations as president addresses key issue for young voters ahead of November electionThe Biden administration will cancel $7.4bn in student debt for 277,000 borrowers, the White House said on Friday, the latest in a series of debt cancellations.Joe Biden announced plans on Monday to ease student debt that would benefit at least 23 million Americans, addressing a key issue for young voters whose support he needs as he seeks re-election in November....
The Biden administration said Friday that is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers. Under President Joe Biden, the Department of Education has made it easier for some specific groups of borrowers, like public sector workers, to qualify for loan forgiveness. It also launched a new repayment plan that creates a shorter pathway to loan forgiveness for many low-income borrowers – and is at issue in at...
The Biden administration will soon roll a sweeping new student loan forgiveness proposal that could impact millions of Americans.
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