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While the nation is rightly worried about the proliferation of antisemitism on its college campuses, another higher education abuse also needs prompt attention. On Dec. 6 – St. Nicholas Day – President Biden handed student loan defaulters another $5 billion gift in debt forgiveness. The administration’s eagerness to win the votes of student loan borrowers…
Two borrowers filed a lawsuit against the Missouri Higher Education Loan Authority (MOHELA) on Monday for alleging mismanaging student loan forgiveness they are owed under the Public Service Loan Forgiveness Program (PSLF). Jennifer Joy and Misty Thomas both allege in the suit they have met the requirements to receive student debt relief under PSLF, such…
Congress, the Supreme Court and the president are still wrangling about student debt relief, continuing with their hyper-partisan and high-profile contest over debt forgiveness for student borrowers. With the fall semester starting back up this week and some 17 million U.S. college students gearing up for a new term, these high-level policy debates seem painfully distant and removed from…
The Biden administration has announced that it will provide $39 billion in total student debt relief for 804,000 borrowers, its latest step since President Biden’s student loan forgiveness plan was struck down by the Supreme Court. The Education Department said Friday the relief is being provided on income-driven repayment plans, in which the federal government…
Former President Trump praised his appointments to the Supreme Court on Saturday, after the court struck down what he called President Biden’s “unfair” student debt relief plan. “Yesterday, the Supreme Court also ruled that President Biden is not allowed to wipe out hundreds and hundreds of billions, probably trillions, of dollars in student loan debt,…
The impact of former President Trump’s Supreme Court on American life is becoming clearer every day. Trump nominated three of the justices on the current court, delivering a 6-3 conservative majority that can carry all before it — even on deeply contentious issues. On Thursday, the court struck a huge blow against affirmative action, finding that…
The Supreme Court on Friday struck down President Biden’s student debt relief plan, with the court’s six conservatives ruling the administration did not have the power to forgive loans for more than 40 million borrowers. The decision is a major win for Republicans who declared the plan unfair and balked at the $400 billion price…
Republicans are calling out Rep. Nancy Pelosi (D-Calif.), the former House speaker, after Supreme Court Chief Justice John Roberts quoted her in his majority ruling striking down President Biden’s student loan forgiveness program. The court ruled 6-3 that the program, which would have forgiven thousands of dollars in student loan debt for many borrowers, that…
Student loan borrowers are frustrated and anxious only three months away from being forced to resume payments after a three-year hiatus. For the roughly 40 million Americans who owe the federal government student loans, interest will begin accruing on that debt in September. Payments will be due again in the beginning of October. As the…
Republicans and Democrats have long agreed the student loan system needs to be reformed, but little has changed as both claim the other side isn’t addressing the fundamental problem. While some issues have consensus, such as the cost of U.S. colleges being too high and the student loan system being too difficult for borrowers, agreement…