The Supreme Court again declines to block Biden’s student loan plan

The Supreme Court again declines to block Biden’s student loan plan

Supreme Court nominee and US Appeals Judge Amy Coney Barrett on Capitol Hill in Washington, Oct. 21, 2020. Ken Cedeno | Reuters The Supreme Court on Friday rejected another request to block the Biden administration’s student loan debt relief program. Judge Amy Coney Barrett denied an emergency motion to block the program filed Tuesday by … Read more

Fidelity is the latest employer to offer free college education to workers

Fidelity is the latest employer to offer free college education to workers

Despite growing economic uncertainty, employers are still waging a war for talent and employees are on the rise. Now, more companies are expanding their benefits offerings with free college programs to attract and retain employees. Most recently, Fidelity Investments said it will offer fully funded bachelor’s degree programs to 18,000 employees, including entry-level customer service … Read more

The Department of Education is reviewing the federal student loan system

The Department of Education is reviewing the federal student loan system

Chip Somodevilla | Getty Images News | Getty Images The U.S. Department of Education on Monday announced sweeping new changes to the federal student loan system, including additional consumer protections for borrowers and limits on the amount of interest that can accrue on the debt. “Today is a monumental step forward in the Biden-Harris team’s … Read more

Rule to speed up student loan forgiveness for defrauded borrowers goes into effect in July

Rule to speed up student loan forgiveness for defrauded borrowers goes into effect in July

New rules ‘will end the bureaucratic nightmare of the past’, Education Minister Miguel Cardona said. Photo: Evan Vucci/Associated Press 31 October 2022 at 10:42 a.m. ET The Biden administration will make it easier for students defrauded by for-profit schools to get federal student loan forgiveness under new rules set to take effect July 1, establishing … Read more

Biden will cement overhaul of the student loan forgiveness program for public employees

Biden will cement overhaul of the student loan forgiveness program for public employees

The Biden administration is moving to make permanent its overhaul of a student loan forgiveness program for public employees, which allows borrowers in professions such as teaching, nursing and public interest law to get debt relief after 10 years of monthly payments. The changes to the Public Service Loan Forgiveness Program, set to take effect … Read more

Biden forgets how student loan forgiveness happened

Biden forgets how student loan forgiveness happened

Updated October 24, 2022 at 7:03 p.m. ET President Joe Biden Photo: Drew Angerer/Getty Images President Biden’s unscripted public appearances are not that frequent, but when they do occur, they are often an adventure. Take his completely fanciful comment in an interview released over the weekend about his $426 billion student loan forgiveness plan. The … Read more

The legal battle over student loan forgiveness

The legal battle over student loan forgiveness

It’s not over until it’s over, and that applies both in court and in sport. The Biden administration was set to begin forgiving student loans as soon as this weekend after a federal judge on Thursday rejected a legal challenge from several states. But the Eighth Circuit Court of Appeals issued a stay late Friday … Read more

President Biden’s student loan forgiveness plan temporarily halted by appeals court

President Biden’s student loan forgiveness plan temporarily halted by appeals court

Late Friday night, a federal appeals court put a temporary stop to the president Joe Biden‘s student debt forgiveness program that prevents loans from being canceled until the court reviews the legal challenge, but the White House is still encouraging applications. In response to the court’s interim team, the White House press secretary Karine Jean-Pierre … Read more

Biden is tearing into lawmakers who have pushed billions in OPP grants to bankroll student debt relief

Biden is tearing into lawmakers who have pushed billions in OPP grants to bankroll student debt relief

President Joe Biden took the gloves off Friday in a speech that slammed Republican lawmakers who supported massive federal grants to business owners, including themselves, during COVID-19 but are now complaining about his student debt forgiveness program. “Who the hell do they think they are?” Biden asked for applause during an appearance at Delaware State … Read more

Court temporarily blocks Biden’s student loan forgiveness

Court temporarily blocks Biden’s student loan forgiveness

ST. LOUIS (AP) — A federal appeals court issued an administrative stay late Friday that temporarily blocked President Joe Biden’s plan to cancel billions of dollars in federal student loans. The Eighth Circuit Court of Appeals issued the stay while it considers a motion by six Republican-led states to block the loan cancellation program. The … Read more