Speaking to reporters at the White House, President Biden said borrowers now angry about the court’s decision should blame Republicans.
student debt forgiveness
Posted inBusiness, Nation & World, News
Without student-loan relief, U.S. consumers face another head wind
The broader impact on the economy will come this summer, when more than 40 million Americans resume student-loan payments, following a three-year pause.
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Posted inNews
A sharply divided Supreme Court rejects Biden’s plan to wipe away $400 billion in student loans
The 6-3 decision, with conservative justices in the majority, said the Biden administration overstepped its authority with the plan.
Posted inNation & World, News, Politics, Schools and Education
Senate passes Republican-led bill overturning student loan cancellation, teeing it up for Biden veto
President Biden has pledged to keep in place his commitment to cancel up to $20,000 in federal student loans for 43 million people.
Posted inEditorials, Opinion
Another View: Supreme Court should not remove lifeline for those drowning in student debt
While solving the problem will involve other measures – including reducing the costs of higher education and more emphasis on non-college opportunities – loan forgiveness is critical.
Posted inNation & World, News, Politics, Schools and Education
Supreme Court student loan hearing: What you need to know
During the pandemic, 2 presidential administrations paused payments for those holding federal student loans until as late as this summer.
Posted inNation & World
Wiping out $400 billion in student debt rests in Supreme Court’s hands
The Biden administration will defend the plan Tuesday before a court that has already stopped the president from blocking evictions during the pandemic and requiring workers to get coronavirus vaccines or regular tests.
Posted inMaine Voices, Opinion
Maine Voices: President Biden should not give up on student loan forgiveness
The Supreme Court is reviewing Biden’s student loan forgiveness program after lower courts put the program on hold. As I see it, doing the right thing cannot break the law.
Posted inNation & World, News, Politics, Schools and Education
Supreme Court to review legality of Biden’s student loan forgiveness program
The issue comes before a court skeptical of the administration’s authority to impose pandemic-related relief without express approval from Congress.
Posted inNation & World, News, Politics, Schools and Education
Student loan relief to move ahead despite hold, education secretary says
The six Republican-led states – Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina – have argued that the debt relief would lead to a drop in revenue stemming from the loans that were set to be forgiven.