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 […]
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 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 […]
A key deadline is approaching fast for a student loan cancellation opportunity.
To be eligible, borrowers with any of four types of federally managed loans must consolidate them by April 30.
(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,"...
A national grassroots petition in protest of President Joe Biden’s latest student debt “forgiveness” stunt garnered over 5,000 online comments in a single night. Biden’s Read More
Rep. Kevin Hern called Wednesday for Republicans to turn their sights on President Joe Biden's renewed push to transfer student loan debt to American taxpayers.
Amid growing discontent about America funding Israel’s bombing of Gaza, President Joe Biden is set to give the commencement speech at Morehouse College on May 19. Morehouse, a 157-year-old historically Black college in Atlanta, extended the invitation to Biden in September, the month before Hamas launched a deadly attack in Israel and took hostages. But news of the president’s scheduled address wasn’t announced until last week, when anti-war protesters on college campuses across the country were...
Democratic Gov. JB Pritzker tells Dana Bash that President Biden is handling Trump’s legal issues “perfectly”: “He is talking about Trump. He’s just talking about all of the other things about Donald Trump.”
Milei is slashing spending across the country in his drive to reach zero deficit, leaving even elite universities struggling to keep lights on