Tag: Federal Student Loan Debt

Senate Votes to Advance Repeal of Biden’s Student Debt Relief Plan

May 31, 2023
118th Congressbiden administrationcongressEducation & Family NewsExecutive BranchFederal Student Loan DebtJoe BidenPolicies & ImpactsPoliticsStudent Debt ReliefU.S. SenateUSUS News
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The U.S. Senate will consider a joint resolution to overturn President Joe Biden’s student debt relief plan. In a 51–46 vote, the chamber approved a motion to take up the resolution on May 31, opening the door to a congressional rebuke and nullification of Biden’s one-time student loan forgiveness program. The resolution, H.J. Res. 45…

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‘We’re Preparing to Restart Repayment’: Education Secretary on Federal Student Loans

May 13, 2023
Education & Family NewsFederal Student Loan DebtPolicies & ImpactsStudent Forgiveness PlanUSUS News
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Secretary of Education Miguel Cardona revealed during a recent hearing that the Biden administration is preparing to restart the payment of federal student loan debt that was paused amid the COVID-19 pandemic. During a May 11 hearing of the Senate Committee on Appropriations, Sen. Katie Britt (R-Ala.) cited remarks by White House press secretary Karine Jean-Pierre…

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Judge Denies Lawsuit Challenging Biden’s Student Debt Cancellation Program

September 30, 2022
Business & MarketsEducation & Family NewsExecutive BranchFederal Student Loan DebtinflationJudiciarypersonal financePolicies & ImpactsPoliticsstudent loan cancellationstudent loan reliefUS
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A federal judge has denied a lawsuit filed by the Pacific Legal Foundation (PLF) challenging the Biden administration’s plan to forgive student loans after the Department of Education (DoE) made some clarifications on its website. The lawsuit was filed on behalf of public interest attorney Frank Garrison, a beneficiary of the congressionally authorized Public Service…

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Biden Administration Grants Student Loan Interest Waiver to 47,000 Service Members

August 24, 2021
american militaryeducationExecutive BranchFederal Student Loan DebtNational SecurityPoliticsUSUS News
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The Biden administration announced on Friday that it has retroactively waived interest on federal student loans held by more than 47,000 current and former military service members. Under federal law, service members deployed to overseas combat zones where they’re subject to imminent danger or hostile fire can have their interest waived on loans such as…

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Not All Senate Democrats are Convinced Biden Should Forgive Student Loan Debt

April 24, 2021
DemocratsFederal Student Loan DebtPoliticsSen. Bob MenendezSen. Elizabeth WarrenSocial IssuesUSUS News
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Progressive Democrat Sen. Elizabeth Warren (D-Mass.) has been leading the effort to have President Joe Biden use his existing authority to cancel $50,000 in student debt, but not all her Democrat colleagues are in agreement with the idea. While many Senate Democrats agree with Biden canceling student loan debt, there are other senators who question…

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