Author Topic: Biden's Student Debt Relief Plan  (Read 6487 times)

Online aygart

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Feelings don't care about your facts

Online jye

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Re: Biden's Student Debt Relief Plan
« Reply #161 on: September 30, 2022, 07:45:15 AM »
Well, that was nice while it lasted. To protect the Loan Forgiveness Program Biden just axed all non direct government loans, the type almost all yeshiva guys have, to stop the banks who hold those loans from contesting the program, since they would likely have standing.

https://www.gpb.org/news/2022/09/29/in-reversal-the-education-dept-excluding-many-student-loan-relief

Offline Ver hut gazugt

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Re: Biden's Student Debt Relief Plan
« Reply #162 on: October 19, 2022, 06:00:03 PM »
Registration is open.

https://studentaid.gov/

Offline yelped

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Offline ae123

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Re: Biden's Student Debt Relief Plan
« Reply #164 on: November 01, 2022, 08:44:09 PM »
Well, that was nice while it lasted. To protect the Loan Forgiveness Program Biden just axed all non direct government loans, the type almost all yeshiva guys have, to stop the banks who hold those loans from contesting the program, since they would likely have standing.

https://www.gpb.org/news/2022/09/29/in-reversal-the-education-dept-excluding-many-student-loan-relief
Any chance they'd go back to forgiving these loans?

Offline cgr

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Re: Biden's Student Debt Relief Plan
« Reply #165 on: November 01, 2022, 09:00:05 PM »
Any chance they'd go back to forgiving these loans?
For now the entire program is on hold...

Offline Kobe Bryant

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Re: Biden's Student Debt Relief Plan
« Reply #166 on: November 14, 2022, 06:25:44 PM »
For now the entire program is on hold...
Joe Bidenís plan to forgive student loan debt for millions of borrowers was handed another legal loss Monday when a federal appeals court panel agreed to a preliminary injunction halting the program while an appeal plays out.

The ruling by the three-judge panel from the 8th U.S. Circuit Court of Appeals in St. Louis came days after a federal judge in Texas blocked the program, saying it usurped Congressí power to make laws. The Texas case was appealed and the administration is likely to appeal the 8th Circuit ruling as well.

The plan would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000 in income. Pell Grant recipients, who typically demonstrate more financial need, would get an additional $10,000 in debt forgiven. The cancellation applies to federal student loans used to attend undergraduate and graduate school, along with Parent Plus loans.