Advocates are calling for “shutting the student loan system down until borrowers have access to the rights they were promised.” Student debt cancellation advocates on Thursday responded to a federal appeals court blocking implementation of one of U.S. President Joe Biden’s relief programs by demanding a shutdown of the whole system to spare borrowers and the […]
The Project 2025 Mandate for Leadership declares that “there should be no loan forgiveness.” From attacks on abortion rights to the fossil fuel-driven climate emergency, many problems concerning Americans are expected to worsen if former U.S. President Donald Trump is elected in November—and the list included the student debt crisis, according to an analysis published Wednesday. Algernon Austin, the […]
“We are concerned that the latest draft of the rule would fall far short of providing the full scale of debt relief that low- and middle-income Americans urgently need.” Seven members of Congress on Monday sounded the alarm about the Biden administration’s evolving student debt cancellation plan and called on U.S. Secretary of Education Miguel Cardona to […]
WASHINGTON — President Joe Biden on Wednesday announced another $9 billion in student debt relief through improvements to existing programs, a move that will affect 125,000 Americans, and which he touted as leading to economic improvement. Wednesday’s announcement focuses on three programs: one for borrowers who have worked in public service for more than a decade; […]