The Biden administration has now approved at least $16 billion in student loan forgiveness, according to the Department of Education. Read a break down of where the money went:
Rep. Ayanna Pressley on Monday. Pressley has been one of the leading Democrats in Congress calling on Biden to use executive action to wipe out $50,000 or more in federal student loan debt for every borrower, arguing that existing federal law gives him the power to act without new Congressional authorization.
Administration officials have expressed uncertainty that the president has such authority, and Biden himself — while supportive of some form of broad student loan forgiveness — has been resistant to relying on executive action to go beyond his administration’s more targeted relief efforts. Advocates for borrowers are also pushing the administration to provide more paths for borrowers to obtain student loan forgiveness.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Education Department erases $415M in student loan debt for 16,000 borrowersIn total, the Biden administration has approved $2 billion in loan forgiveness for students allegedly defrauded by their schools.
Weiterlesen »
How the Biden Administration is changing federal student loan policies without canceling debtPresident Joe Biden campaigned on canceling student debt. While he hasn't taken direct action, the White House has made a few key changes to make student debt more manageable. However, he faces pressure to do more.
Weiterlesen »
Boruto Just Revived One of Its Top HeroesBoruto: Naruto Next Generations just revived one of the series' top heroes with the newest chapter [...]
Weiterlesen »
Student debt: What Biden is doing (and not doing)The US government was praised for canceling $415 million in student debt for victims of for-profit college fraud. But the Biden administration has been criticized for failing, so far, to change student loan bankruptcy rules. | Analysis by zbyronwolf
Weiterlesen »
‘We Don’t Talk About Bruno,’ From ‘Encanto,’ Tops Billboard Hot 100 for Fourth WeekPlus, Glass Animals’ “Heat Waves” ascends to No. 2, GAYLE’s “abcdefu” hits the top five and Lil Nas X’s “Thats What I Want” returns to the top …
Weiterlesen »
White House Faces Political Pressure to Extend Pause in Student Loan PaymentsAllowing payments to resume, some Democrats argue, could come at a political cost for the party as it tries to defend its slim majorities in the House and the Senate.
Weiterlesen »