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Conservative groups are suing the U.S. Department of Education over President Biden’s latest student loan debt forgiveness plan, which was rolled out after the Supreme Court struck down Biden’s initial plan. In a complaint filed Friday in a federal district court in Michigan, the Cato Institute and the Mackinac Center for Public Policy argued the Biden administration…
The New Civil Liberties Alliance (NCLA) filed a lawsuit Friday against the Biden administration’s new student loan income-driven repayment (IDR) plan. The lawsuit comes after the Department of Education launched a beta website this week for the Saving on Valuable Education (SAVE) application, the new IDR plan the White House has dubbed the “most generous”…
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…
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….