{"id":580886,"date":"2023-06-30T23:22:55","date_gmt":"2023-06-30T20:22:55","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/biden-plots-new-course-to-get-relief-for-student-loan-borrowers\/"},"modified":"2023-06-30T23:22:55","modified_gmt":"2023-06-30T20:22:55","slug":"biden-plots-new-course-to-get-relief-for-student-loan-borrowers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/biden-plots-new-course-to-get-relief-for-student-loan-borrowers\/","title":{"rendered":"#Biden plots new course to get relief for student loan borrowers"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e2df32db0c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e2df32db0c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/biden-plots-new-course-to-get-relief-for-student-loan-borrowers\/#More_on_SCOTUSs_student_loans_ruling_from_The_Hill\" >More on SCOTUS\u2019s student loans ruling from The Hill<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/06\/bidenjoe_102022_ap-e1688154377301.jpg?w=900\" \/><\/p>\n<div>\n<p>President Biden on Friday announced new actions to offer student loan borrowers some forgiveness, reintroducing his forgiveness plan grounded in the Higher Education Act (HEA).<\/p>\n<p>Using the HEA to provide student debt relief has been pushed by student loan advocates and top Democrats for years.\u00a0Under the HEA, advocates argue it allows the education secretary to \u201ccompromise, waive or release\u201d student loans. This path will require a public comment and notice period before it could go into effect.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr1_ab\"><\/aside>\n<p>\u201cWe need to find a new way, and we\u2019re moving as fast as we can,\u201d he said in Friday afternoon remarks at the White House.<\/p>\n<p>The administration had tied the student debt relief plan \u2014 struck down by the Supreme Court \u2014  to the national emergency established during the COVID-19 public health crisis, citing the Higher Education Relief Opportunities for Students (HEROES) Act. Chief Justice John Roberts wrote in the court\u2019s majority opinion, issued Friday morning, that the HEROES Act does not grant the authority.\u00a0<\/p>\n<p>Biden did not offer further details about who would qualify or how much debt relief borrowers would receive under his new plan to use the HEA, but he said Education Secretary Miguel Cardona has taken steps to initiate the rulemaking process.<\/p>\n<p>The department sent out a notice Friday, the first step in the \u201cnegotiated rulemaking\u201d process. The first public hearing on the matter will h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>en July 18 to get input from stakeholders. The process could go well to the end of 2023, but the administration said it will try to move \u201cas quickly as possible.\u201d<\/p>\n<p>\u201cThis student debt relief is not being implemented automatically. This is a hot mess. This will be a bureaucratic nightmare,\u201d Braxton Brewington, press secretary for Debt Collective, said in response to the announcement.<\/p>\n<p>The president also announced the administration will launch an \u201con-ramp\u201d repayment program for borrowers who may miss payments when they resume this fall. It would remove the threat of default or harm to credit ratings because the Education Department won\u2019t refer borrowers who miss payments to collection agencies or credit bureaus for 12 months.<\/p>\n<aside class=\"ad-unit ad-unit--mr2_ab\"><\/aside>\n<p>\u201cIf you can pay your monthly bills you should, but if you cannot, if you miss payments, this on-ramp temporarily removes the threat of default or having your credit harmed,\u201d Biden said.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n<h3><span class=\"ez-toc-section\" id=\"More_on_SCOTUSs_student_loans_ruling_from_The_Hill\"><\/span>More on SCOTUS\u2019s student loans ruling from The Hill<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">Student debt payments have been paused since the pandemic, but in a deal with Speaker of the House Kevin McCarthy (R-Calif.) to secure a debt ceiling agreement, Biden set in stone the resumption of repayments beginning in October. Interest will begin to accrue again at the beginning of September.\u00a0<\/p>\n<p>The Supreme Court\u2019s Friday\u00a0decision stopped more than 40 million borrowers\u00a0from receiving loan forgiveness and delivered a major defeat to one of the president\u2019s key campaign promises. The decision limits Biden\u2019s options to deliver on that promise.<\/p>\n<aside class=\"ad-unit ad-unit--mr3_ab\"><\/aside>\n<p>The program, announced in August, would have canceled up to $20,000 in loans for Pell Grant recipients and $10,000 for other borrowers, if the individual\u2019s income is less than $125,000.<\/p>\n<p>Soon after the Supreme Court struck down the president\u2019s student loan forgiveness plan, the White House said it was prepared and that Biden had a new action to roll out.<\/p>\n<p>The announcement comes after the White House refused to talk about its \u201cPlan B\u201d for months while student debt relief was held up in the court system.\u00a0<\/p>\n<aside class=\"ad-unit ad-unit--mr4_ab\"><\/aside>\n<p><em>Updated at 4:41 p.m.<\/em><\/p>\n<\/div>\n<p>Copyright 2023 Nexstar <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> Inc. 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Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thehill.com\/homenews\/administration\/4076501-biden-student-loans-new-actions-supreme-court\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Biden on Friday announced new actions to offer student loan borrowers some forgiveness, reintroducing his forgiveness plan grounded in the Higher Education Act (HEA). Using the HEA to provide student debt relief has been pushed by student loan advocates and top Democrats for years.\u00a0Under the HEA, advocates argue it allows the education secretary to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":580887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/thehill.com\/wp-content\/uploads\/sites\/2\/2023\/06\/bidenjoe_102022_ap-e1688154377301.jpg?w=1280","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[134344,117,139252,134343,134353,139529,144212,73014,991,87287,139403,79097,135371,71404],"class_list":["post-580886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-administration","tag-business","tag-business-economy","tag-campaign","tag-court-battles","tag-defense-national-security","tag-education-department","tag-health-care","tag-joe-biden","tag-john-roberts","tag-miguel-cardona","tag-president-joe-biden","tag-student-debt-relief","tag-supreme-court"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/580886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=580886"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/580886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/580887"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=580886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=580886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=580886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}