Current location:travel >>
Biden administration announces new student loan cancellations
travel7114People have gathered around
IntroductionWASHINGTON (AP) — The Biden administration is canceling student loans for another 206,000 borrowers ...
WASHINGTON (AP) — The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness.
The Education Department announced the latest round of cancellations Friday in an update on the progress of its SAVE Plan. More people are becoming eligible for student loan cancellation as they hit 10 years of payments, a new finish line for some loans that’s a decade sooner than what borrowers faced in the past.
Casting a shadow over the cancellations, however, are two new lawsuits challenging the plan’s legality. Two groups of Republican-led states, fronted by Kansas and Missouri, recently filed federal suits arguing that the Biden administration overstepped its authority in creating the repayment option.
“From day one of my Administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity,” President Joe Biden said in a statement. “I will never stop working to cancel student debt — no matter how many times Republican elected officials try to stop us.”
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Universal Unfoldings news portal”。http://botswana.gigirondeau.com/news-12f799974.html
Related articles
Company wins court ruling to continue development of Michigan factory serving EV industry
travelGREEN TOWNSHIP, Mich. (AP) — A judge has ordered a Michigan community to stop blocking efforts to br ...
【travel】
Read moreRevealed: The countries with the highest levels of cybercrime in the world
travelRussia has been named as the world's cybercrime hotspot in a new study ranking the most significant ...
【travel】
Read moreMoment police arrest teenager Brian Cohee who hid head of homeless man he murdered in closet
travelThis is the horrifying moment police arrested a 19-year-old who murdered a homeless man and stored h ...
【travel】
Read more
Popular articles
- US overdose deaths dropped in 2023, the first time since 2018
- Podcast pick: The best audio show to listen to now
- The black market dealers delivering Elon Musk's Starlink to US adversaries
- Could this be an answer to YOUR blemish
- Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
- Could this be an answer to YOUR blemish
Latest articles
Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
From House Sparrows to Blue Tits: The stunning birds spotted the most often in UK gardens
The Apprentice star Tre Lowe shares Lord Sugar's secret five
Japanese astronaut to be first non
The Latest
Jessi Campbell: Little girl's brave battle after being born with 1kg cyst on her arm
LINKS
- China Claims Two Swimming Titles, Leads Worlds Gold Tally with 17
- Feature: Chinese Athletes Engage in Fight Against COVID
- Chinese vice premier stresses implementation of projects funded by gov't bonds
- China Wins Two More Gold Medals, Qin Lands Second Breaststroke Title
- Multiethnic Family's Virtues Nourish Younger Generations
- DAILY MAIL COMMENT: Israel must beware all
- The Latest
- Young Woman Fixes Transmission Towers
- Multiethnic Family's Virtues Nourish Younger Generations
- Graduate Walks the Line, and Her Video Goes Viral