Coverage dated September 26, 2022 to October 3, 2022
Biden Administration Reveals Potential Start Date For Student Loan Forgiveness, But There’s A Catch
Headline from Forbes, on the newest of 4 developments
The Biden administration has revealed the earliest date that student loan forgiveness will begin under a new initiative. But those plans may be threatened by mounting legal challenges.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The cost of the White House student loan forgiveness plan is an estimate over a 10-year period and will add to the country's deficit, the Congressional Budget Office said in a report.
The Biden administration’s student debt plan would offer up to $10,000 in loan forgiveness for holders of federal student loans and up to $20,000 for Pell Grant recipients.
The Pacific Legal Foundation filed suit against Biden’s scheme. Frank Garrison, charges that the “administration has created new problems for borrowers in at least six states that tax loan cancellation as income” and that he’ll “face immediate tax liability from the state of Indiana.
By Betsy Klein and MJ Lee, CNN The Biden administration on Thursday is kicking off its efforts toward forgiving student loan debt, sending updates on the process via email before the window to apply opens next month.
Biden’s forgiveness program will cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income.
The Biden administration abruptly changed course on Thursday and announced it will limit eligibility for a sweeping new federal student loan forgiveness program.
The Education Department updated its website on Thursday with the changes that could impact more than four million people out of roughly 45 million borrowers.
In a remarkable reversal that will affect the fortunes of millions of student loan borrowers, the U.S. Department of Education has quietly changed its guidance around who qualifies for President Biden...
The Biden administration has revealed the earliest date that student loan forgiveness will begin under a new initiative. But those plans may be threatened by mounting legal challenges.
By Katie Lobosco, CNN The application for President Joe Biden’s student loan forgiveness plan is expected to go live as soon as this week. Announced in late August, the plan will deliver federal student loan forgiveness to millions of low- and middle-income borrowers.
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