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President Biden has vetoed a measure that would have overturned his student debt relief plan, leaving the fate of the program in the hands of the Supreme Court. “Congressional Republicans led an effort to pass a bill blocking my Administration’s plan to provide up to $20,000 in student debt relief to working and middle class…
The Democratic-led Senate handed a stinging rebuke to President Biden on Thursday, passing a measure that overturns his student debt relief plan to give 40 million borrowers up to $20,000 in loan forgiveness — though a presidential veto is likely on the way. The Senate passed the measure in a 52-46 vote just days after…
Education Secretary Miguel Cardona confirmed this week that the Department of Education is preparing to restart student loan payments later this year. “The emergency period is over, and we’re preparing our borrowers to restart,” Cardona said at a Senate Appropriations hearing on Thursday, as the national COVID-19 public health emergency was set to expire at…
What Biden might try next if his student loan forgiveness plan is struck down The Biden White House has been reluctant to talk about alternatives to its student loan relief plan for fear of undermining its case now before the Supreme Court, but should the justices strike down the proposal, they do have some options….
Tensions rise as Supreme Court prepares for high-stakes student debt clash As the Supreme Court convenes on Tuesday to weigh whether the Biden administration can forgive billions of dollars in student debt, thousands of borrowers don’t plan to go quietly. Upwards of 100 people were already outside the courthouse on a cold and rainy Monday…
What to know about the pause on student debt relief The legal challenges facing the Biden administration over its student loan forgiveness program is leaving borrowers in limbo as the White House is now forced to halt administering the program until the Supreme Court rules on the matter. Spirits among advocates were high when the…
Federal judge strikes down Biden student debt relief program A federal judge struck down President Biden’s student loan forgiveness program on Thursday, declaring it unlawful. District Judge Mark Pittman, a Trump appointee, ruled that the program, which would have provided borrowers with up to $20,000 in student loan relief, was “an unconstitutional exercise of Congress’s…
Barrett again denies emergency bid to block student loan forgiveness plan Justice Amy Coney Barrett on Friday denied an emergency effort to block the Biden administration’s student loan forgiveness program, her second such ruling in recent weeks. Barrett, who handles emergency matters arising from several Midwestern states, acted alone in denying the request, rather than…
The old problem with the young: Biden courts elusive voting bloc President Biden is aggressively pursuing younger voters, leaning into the issues of reproductive rights and student loan forgiveness in an effort to drive to the polls a bloc that traditionally sees lower turnout. “Historically we’ve had a problem with younger voters falling off during…
Federal appeals court temporarily blocks Biden student loan forgiveness program A federal appeals court has temporarily blocked President Biden’s student loan forgiveness program from continuing following an appeal from six GOP-led states. The U.S. Court of Appeals for the 8th Circuit ruled Friday that the policy to cancel thousands of dollars in student loan debt…