Current location:Global Gestures news portal > politics
Biden administration announces new student loan cancellations
Global Gestures news portal2024-05-21 09:41:04【politics】9People 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://gambia.quotesbonanza.com/article-23d999952.html
Very good!(33)
Related articles
- Russian theater director and playwright go on trial over a play authorities say justifies terrorism
- Exhibition unveils rare masterpiece by ancient Chinese artist
- Israeli airstrikes in S. Lebanon kill Hezbollah fighter, injure 2 civilians
- Artist's creative products bring loved ones closer to the departed
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
- Hangzhou 2022 Asian Games lights up passion for Esports
- Glamorous ex
- I was 'brokefished' by my friend for £400
- A technicolor twist on Yu the Great
Popular articles
Recommended
Why US Catholics are planning pilgrimages in communities across the nation
China rolls out tasks to foster improved online environment
China's Heilongjiang launches JSQ freight train from Harbin to Europe
Israel prepares attack on Rafah as truce talks resume in Egypt
Ricky Stenhouse punching Kyle Busch could lead to suspension
Prabowo Subianto wins 2024 Indonesian presidential election
I'm an influencer and these are the things I never expected about the job
Israeli airstrikes in S. Lebanon kill Hezbollah fighter, injure 2 civilians
Links
- Spokesman calls on U.S. to translate commitment into action
- Biden delivers forceful State of the Union address
- China's top legislature to hold closing meeting on Monday
- China continues Sky Net anti
- Wang Yi: U.S. must be rational about China
- China's envoy calls for collective action on nuclear disarmament
- China's top legislature to hold closing meeting on Monday
- ASEAN voices opposition to taking sides
- Waters of South China Sea should be kept calm, Wang Yi says
- Profile: Xi Jinping the reformer