Current location:Stellar Space news portal > style
Biden administration announces new student loan cancellations
Stellar Space news portal2024-05-21 15:39:55【style】5People have gathered around
IntroductionWASHINGTON (AP) — The Biden administration is canceling student loans for another 206,000 borrowers
WASHINGTON (AP) — The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness.
The Education Department announced the latest round of cancellations Friday in an update on the progress of its SAVE Plan. More people are becoming eligible for student loan cancellation as they hit 10 years of payments, a new finish line for some loans that’s a decade sooner than what borrowers faced in the past.
Casting a shadow over the cancellations, however, are two new lawsuits challenging the plan’s legality. Two groups of Republican-led states, fronted by Kansas and Missouri, recently filed federal suits arguing that the Biden administration overstepped its authority in creating the repayment option.
“From day one of my Administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity,” President Joe Biden said in a statement. “I will never stop working to cancel student debt — no matter how many times Republican elected officials try to stop us.”
Address of this article:http://netherlands.fidosfortywinks.com/html-23c299952.html
Very good!(881)
Related articles
- Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
- 'Taiwan Relations Act' illegal and invalid, says mainland spokeswoman
- Scenery of Xiaxi Reservoir in SW China's Guizhou
- China wins artistic swimming team technical at FINA Worlds
- Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
- Traditional Chinese
- Xi Stresses Establishing New Systems for Higher
- Tourism festival spurs consumption in Shanghai
- College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
- Xi Extends Congratulations to Cambodia's Hun Sen on Election Victory
Popular articles
Recommended
Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
Big on barbecue, Zibo's star shines
Profile: A Party secretary who changed her village
Xi Replies to Letter from Hong Kong Middle School Students
College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
Philippines urged to honor commitment
China's old industrial base makes headway on revitalization
Xi Focus: A Sports Fan Championing Exchanges and Fitness for All
Links
- UN climate chief says humans have 2 years left 'to save the world'
- 'Housekeeping for Beginners' review: Loves wins in this triumphant film
- Total solar eclipse 2024: Spectators stake their spots along the totality path
- Archaeologists unearth the largest cemetery ever discovered in Gaza and find rare lead sarcophogi
- 2025 Oscars: Academy Awards announces March 2 date
- Thailand: $13.7 billion digital money handout plan unveiled
- How major US stock indexes fared Friday, 4/12/2024
- When's the next eclipse after 2024? Watch for these celestial events
- The O.J. Simpson case forced domestic violence into the spotlight, boosting a movement
- UN climate chief says humans have 2 years left 'to save the world'