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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”…
Americans with student loans could see thousands of dollars in interest added to their tabs as part of President Biden’s backup relief proposal. The Biden administration is attempting to use a proposed aid program to help millions of student debt holders handle the dual blow of payments resuming in October and the Supreme Court striking…
Rep. Alexandria Ocasio-Cortez (D-N.Y.) took aim Sunday at President Biden’s plan for student interest to restart during his proposed “on-ramp” period. Ocasio-Cortez told CNN’s Dana Bash on “State of the Union” that she would like to see interest on payments suspended during the 12-month on-ramp period the Biden administration proposed after the Supreme Court struck…
President Biden on Friday will announce new actions to protect student loan borrowers following the Supreme Court ruling that struck down his student debt relief plan, according to a source within the White House. “I believe that the Court’s decision to strike down our student debt relief plan is wrong,” Biden said in a statement….
The Supreme Court will release its final decisions of the term Friday morning, handing down rulings on student debt relief and a free speech case involving same-sex wedding websites. The last decisions will cap a term that has already included the gutting of affirmative action in college admissions alongside string of victories for the left on the Voting…
The Supreme Court is set to release its next opinions on Tuesday morning, with several landmark cases still to be handed down with just days left until the summer recess. The court did not indicate Tuesday will be the final decision day, meaning that at least one additional day is likely later in the week….
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…
Republicans are taking advantage of a perceived opening on student loans, proposing legislation to tackle the issue in both the House and Senate this week ahead of the Supreme Court’s upcoming decision on the legality of President Biden’s relief plan. Experts are skeptical the conservative-majority justices will uphold Biden’s forgiveness proposal, but his administration has…
Student loan servicers are in a tough bind, dealing with reduced staff as they prepare for the unprecedented situation of 44 million borrowers returning to payments later this summer. Student loan payments are expected to restart at the end of August at the latest, including for many borrowers who graduated during the pandemic and have…
The Hill’s Morning Report — SCOTUS skeptical about student loan forgiveness Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest in politics and policy. Direct…