Millions of Americans with student loan debt are hanging on the edge of a cliff

https://www.youtube.com/shorts/xszr8XrMuPY

 

Biden administration reaches out to borrowers about proposal to cancel as much as $20,000 in accrued interest - The Washington Post

The proposed plan provides partial or full debt relief to borrowers in four circumstances: those who owe far more than they originally borrowed because of interest; those who have been paying for at least 20 or 25 years; those who attended career training programs that led to high debt loads or low earnings; and those who are eligible for existing forgiveness programs but never applied...

https://www.washingtonpost.com/education/2024/07/31/biden-student-debt-relief/

Biden’s new student debt relief proposal aims to avoid Supreme Court fate | The Hill

"The Biden-Harris Administration plans to release proposed rules on these plans over the coming months. If these plans are finalized as proposed, this fall the Administration would begin canceling up to $20,000 in interest for millions of borrowers and full loan forgiveness for millions more," the White House said in its announcement...

https://thehill.com/homenews/education/4595724-bidens-student-debt-relief-proposal-supreme-court/

Biden Announces Student Loan Debt Relief Plans for Millions - The New York Times

During an appearance in Wisconsin, President Biden said 10 million borrowers could see debt relief of at least $5,000. The plan could help rally support among young voters.

https://www.nytimes.com/2024/04/08/us/politics/biden-student-loans-debt-relief.html

Biden pushes new student loan repayment plan as bills loom for tens of millions - POLITICO

"It's the most affordable student loan plan ever," Biden said in a video released by the White House on Tuesday, describing the program as a major reform to a student loan system "that hurt borrowers for much too long."

"If you're eligible for the SAVE Plan, sign up now so you can lower your monthly payments in advance of payments resuming this fall," Biden said...

https://www.politico.com/news/2023/08/22/biden-new-student-loan-repayment-plan-00112195

Biden cancels $130M in debt for students who were 'ripped off' by Colo. college - ABC News

"These borrowers were lied to, ripped off and saddled with mountains of debt," President Joe Biden said in a statement...

https://abcnews.go.com/Politics/biden-admin-canceling-130m-students-ripped-off-colorado/story

Sanders Statement on Supreme Court Overturning Student Debt Cancellation

" If Republicans could provide trillions of dollars in tax breaks to the top one percent and profitable corporations, if they could cancel hundreds of billions in loans for wealthy business owners during the pandemic when Trump was President and if they could vote to spend $886 billion on the Pentagon, please don't tell me that we cannot afford to cancel student debt for working families. …"

https://www.commondreams.org/newswire/sanders-statement-on-supreme-court-overturning-student-debt-cancellation

Kagan says Barrett got it backwards | CNN Politics

"The broadly worded 'waive or modify' delegation IS the HEROES Act, not some tucked away ancillary provision," Kagan wrote, referring to the relevant student loan program statute. "And as JUSTICE BARRETT agrees, 'this is not a case where the agency is operating entirely outside its usual domain.' So I could practically rest my case on JUSTICE BARRETT's reasoning."

https://www.cnn.com/2023/06/30/politics/amy-coney-barrett-student-loans-babysitter/index.html

Biden announces next steps on student debt relief after Supreme Court ruling

https://www.youtube.com/watch?v=1UbydFleApo

Senate GOP to target Biden student loan forgiveness

Republican senators announced on Friday they will be introducing a Congressional Review Act (CRA) resolution in another attempt to foil President Biden's student debt relief program, which is already facing potential termination at the Supreme Court...

https://thehill.com/homenews/senate/3905296-senate-gop-to-target-biden-student-loan-forgiveness/ 

'Financial Vulture' SoFi Sues to Block Biden's Student Loan Repayment Pause

"SoFi has a long history of misleading student debtors and tricking them into refinancing their loans."

https://www.commondreams.org/news/biden-student-loan-pause

Black Farmers Fear Foreclosure as Debt Relief Remains Frozen - The New York Times

… "They said that they were paying off everybody's loans and not to make payments and then they sent this," Mr. Jackson, 55, said...

https://www.nytimes.com/2022/02/21/us/politics/black-farmers-debt-relief.html

Congress: Elizabeth Warren’s plan to protect stimulus checks and give debt relief - Vox

Congress has an opportunity to go big in the next coronavirus package, including protecting people from being crushed by debt.
https://www.vox.com/policy-and-politics/2020/4/21/21229412/elizabeth-warren-sherrod-brown-cares-act-consumer-proposals