Commentary The U.S. Supreme Court has heard different arguments from supporters and opponents of President Joe Biden’s student debt forgiveness program. It is probable that the justices will rule before June. However, it is important to remember a few challenges. Student loans are an essential tool to help maximize the number of citizens that have…
Biden Doubts Future of His Student Loan Cancellation Plan
March 2, 2023
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President Joe Biden on Wednesday said he’s not sure whether the Supreme Court would block his plan to “forgive” hundreds of billions of dollars in federal student loan debt. “I’m confident we’re on the right side of the law. I’m not confident about the outcome of the decision yet,” the president told reporters when asked…
Capitol Report: White House Sets Deadline to Purge TikTok; SCOTUS Hears Challenges to Student Loan Forgiveness Plan
A generational threat from the Chinese Communist Party (CCP) is the top priority for the U.S. House of Representatives Tuesday. What actions are they taking? And what do lawmakers say are the most pressing issues? The White House is setting a deadline to purge TikTok from all government devices. And Congress is pushing for a…
What Does President Biden’s New Student Loan Repayment Plan Involve?
January 27, 2023
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College graduates hope that a new student loan repayment plan recently proposed by President Joe Biden will be passed. The plan, proposed on Jan. 10, 2023, will bring considerable relief for many graduates by reducing their payments and possibly offering some form of debt forgiveness after so many years of payments. The new proposal was…
Biden Admin Moves To Cut Monthly Student Loan Payments Along With Debt Cancellation
Along with his plans to grant student loan debt forgiveness to millions of borrowers, President Joe Biden is moving ahead with a plan to lower student loan repayments and stop their balances from growing because of an accumulation of unpaid interest. On Tuesday morning, Secretary of Education Miguel Cardona announced the Biden administration’s new student…
Appeals Court Denies Biden’s Bid to Revive Student Debt Bailout
December 1, 2022
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A federal appeals court has rejected the Biden administration’s bid to freeze a Texas judge’s ruling that President Joe Biden’s plan to cancel student loan debt was illegal. In a Nov. 30 ruling, the New Orleans-based 5th U.S. Circuit Court of Appeals denied the Biden administration’s request to put on hold a judge’s Nov. 10…
White House Files Supreme Court Emergency Appeal to Reinstate Student Debt Program
The Biden administration on Friday asked the U.S. Supreme Court reinstate its student loan debt program and claimed its within the authority of the executive branch after a lower court blocked it several days ago. The program, unveiled weeks before the 2022 midterm elections, promised to deliver up to $20,000 of debt relief for millions…
Biden Admin Rolls out ‘Easier’ Process for Student Loan Borrowers to Discharge Debt in Bankruptcy
November 18, 2022
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The Department of Justice on Nov. 17 announced a new process that it says will make it easier for individuals struggling with their student loan debt to discharge it in bankruptcy. “The new process will help ensure consistent treatment of the discharge of federal student loans, reduce the burden on borrowers of pursuing such proceedings and…
Another Court Rules Against Biden Administration’s Student Loan Forgiveness Program
An appeals court on Nov. 14 entered a ruling against the student loan forgiveness program announced by President Joe Biden’s administration earlier this year. Erasing student loan debt would be “irreversible,” a panel of the U.S. Court of Appeals for the 8th Circuit ruled, entering an injunction pending appeal against the administration. The panel consisted…
Appeals Court Rules Against Biden Administration’s Student Loan Forgiveness Program
A federal appeals court on Nov. 14 entered a ruling against the student loan forgiveness program announced by President Joe Biden’s administration earlier this year. Erasing student loan debt would be “irreversible,” a panel of the St. Louis-based U.S. Court of Appeals for the 8th Circuit ruled, entering an injunction against the administration pending an…
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