The Education Department announced the latest round of cancellations Friday in an update on the progress of its SAVE Plan.
student loan forgiveness
Posted inNation & World, News, Politics
Biden promotes ‘life-changing’ student loan relief in Wisconsin as he tries to rally young voters
The plan is smaller and more targeted than Biden’s original plan, which was killed by the Supreme Court last year.
advertisement
Posted inLocal & State, Nation & World
White House announces plan to cancel $5.3 million in student loan debt for 700 Mainers
The average debt relief in Maine is roughly $7,600 under the program to clear $1.2 billion in loans for 153,000 borrowers nationwide.
Posted inNation & World, News, Politics
Biden says too many Americans are saddled with school debt as he cancels federal loans for 153,000
The administration began sending email notifications on Wednesday to some of the borrowers who will benefit from what the White House has called the SAVE program.
Posted inNation & World
Biden’s second try at student loan cancellation moves forward with debate over the plan’s details
The latest attempt will rest on a sweeping law known as the Higher Education Act, which gives the education secretary authority to waive student loans.
Posted inOp-Eds, Opinion
The Maine Millennial: Why student loan forgiveness touches a nerve
Rep. Jared Golden’s recent tirade on the subject was insulting to Mainers – and gravely out of touch.
Posted inNation & World, Uncategorized
Conservative groups sue to block Biden plan canceling $39 billion in student loans
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.
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.