The suit is part of a wave of legal challenges Republicans have leveled at the Biden administration’s efforts to reduce or eliminate student debt for millions of Americans.
student loan forgiveness
Posted inBusiness, Nation & World, Schools and Education
Biden administration to clear $130 million in debt of CollegeAmerica students
More than 7,000 students who attended the Colorado-based campuses of the for-profit chain between 2006 and 2020 will have their loans canceled.
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Posted inBusiness, Nation & World, News, Schools and Education
Biden administration announces $39 billion in student loan forgiveness
The Education Department said the plan will help more than 800,000 borrowers.
Posted inBusiness, Nation & World, News, Politics, Schools and Education
Supreme Court won’t block $6 billion student debt relief settlement
The justices’ action comes as the high court is weighing what to do with the Biden administration’s plan to wipe away $400 billion in student debt held by more than 40 million people.
Posted inNation & World, Schools and Education
Biden to extend student loan pause as court battle drags on
The administration says the pause is allowing the Supreme Court a chance to resolve the case in its current term.
Posted inNation & World, News, Politics
Biden administration to ask high court to take up student debt plan
The Justice Department is fighting to keep Biden’s plan alive after it was halted by two federal courts in recent weeks.
Posted inBusiness, Nation & World, Politics
Biden administration could make it easier to discharge student loan debt in bankruptcy
Agencies will consider such factors as the person’s current and future ability to pay, taking into account efforts to earn income or manage expenses.
Posted inNation & World, News
Appeals court ruling keeps Biden’s student loan forgiveness program on hold
The ruling arrives days after a federal judge in a separate lawsuit in Texas declared Biden’s debt relief plan unlawful, effectively barring the Education Department from accepting more applications.
Posted inNation & World, Politics, Schools and Education
Applications for student loan forgiveness no longer accepted
Already, about 26 million people have applied, and 16 million applications have been approved. However, because of court rulings, none of the relief has actually gone out.
Posted inBusiness, Nation & World, News, Politics, Uncategorized
EXPLAINER: Where does the student loan debt plan stand?
U.S. District Judge Mark Pittman ruled that the program usurped Congress’ power to make laws. The administration immediately filed a notice to appeal.