Biden administration’s centerpiece student loan relief measure paused after Trump-appointed judge rules plan is unconstitutional.
by Erum Salam, The Guardian
Across the US in recent weeks student loan borrowers hoping to have their debts eased have opened their email inboxes to a message from the US secretary of education, Miguel Cardona.
It read in part: “Lawsuits are preventing the US Department of Education from implementing its one-time student loan debt relief program; we are holding your approved application.”
In August of this year, Joe Biden announced he would cancel up to $20,000 of federal student debt for Pell grant recipients and up to $10,000 for other borrowers. In order to qualify for student debt cancellation, borrowers could not earn more than $125,000 annually, or $250,000 for married couples filing taxes jointly.
But Biden’s high-profile effort to relieve student debt has become mired in a flurry of Republican lawsuits threatening its merit and questioning the president’s reach and – perhaps only temporarily – derailing the hopes of millions of borrowers hoping for a little debt relief.
Recent Posts
Big Tech’s Debate Over “Open” and “Safe” AI Leaves Corporate Power Unquestioned
Take Action Now Two seemingly contradictory letters emerging from the AI industry point toward the same future.By Tim Scott, truthout On July 24,…
Venezuela Under Siege: What Should Progressives Do?
Take Action Now How should we respond when a government resisting US domination makes compromises that we may oppose, but does so under conditions…
The Data Center Backlash is Here — and Big Tech is Spending Big to Combat it
Take Action Now The public has turned against data centers, prompting a flood of legislation in California. Business interests are trying to blunt…
A Record Number of Democrats are Running on Medicare for All
Take Action Now Nearly four in ten Democratic U.S. House candidates now back a single payer healthcare system, but very few are running in the…