Federal student loan bills will resume in a few months after a break of more than three years. Borrowers May See Changes To The Federal Student Loan Program When Repayment Resumes There is a clause that formally ends the moratorium on federal student loan payments and might make it more difficult for the United States…
The Biden administration unveiled its proposal to address the country’s increasing student loan debt in late 2022. While the proposal included numerous initiatives to assist in lower student loan loads, the most prominent was debt forgiveness of up to $20,000 for all eligible students. Qualified Borrower Must Meet Specific Requirements To Qualify For Biden’s Student…
House Speaker Kevin McCarthy Launches A Commission That Will Check Social Security And Medicare Cuts. He Said That These Mandatory Cuts Were Off The Table, Vowing To Make It Spending Mandatory. Commission to Check Budget Cuts. President Biden said in February that he wanted to cut programs that they are paying their whole…
Millions of student loan borrowers will receive $20,000 in debt relief under Biden’s new plan. Student Loan Borrowers to Expect Debt Relief Under New Student Loan Forgiveness Plan As part of the new student loan forgiveness plan for student loan borrowers, the Biden administration increased the amount to forgive student debt from $10,000 to $20,000…
This program, called the Green and Resilient Retrofit Program (GRRP), is part of the administration’s commitment to address climate change while also alleviating energy burdens on vulnerable communities. The Biden Administration has announced a new initiative aimed at investing $830 million in enhancing energy efficiency in low-income housing The U.S. Department of Housing and Urban…
The US Department of Education, under the Biden administration, has canceled more than $66 billion in education debt through various programs. Biden Administration’s education department cancels Billions in student loan debt Over two million borrowers, including those who have been defrauded and public sector workers, have benefited from this relief. The Public Service Loan Forgiveness…
Many Americans waited for the highest court to rule on the legality of the student debt forgiveness program initiated by President Biden. The Student debt forgiveness program under President Biden’s Administration Many student borrowers wait for the Supreme Court to approve the legality of the student debt forgiveness program initiated by President Joe Biden….
The Supreme Court weighs if Biden’s plan of canceling $400 billion in student debt should be allowed. Biden Administration Plans to Cancel Student Debt President Joe Biden’s plan of canceling billions in student loans will aid and provide relief to many individuals with loans and help resolve the past years’ economic damage. CNBC reported that…
President Joe Biden may formally launch he’s plan on running in the 2024 election next week. 2024 Re-Election Campaign Expected To Be Announce By Biden Next Week One source came from the planning tells CBS News that President Joe Biden’s team is aiming to release a reelection announcement video on Tuesday, April 25. They said…
Federal Judge Mark Pittman, a Trump-appointed judge in the Northern District of Texas, has transferred a lawsuit challenging a student-debt rule from his court to another court in the Western District of Texas. Federal Judge Transfers the Lawsuit to Cancel Student Debt The Career Colleges and Schools of Texas filed a lawsuit in Pittman’s court…