With the latest action, the administration said it has canceled $167 billion in student debt for nearly 5 million Americans through several programs.

The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs.

The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans. With the latest action, the administration said it has canceled $167 billion in student debt for nearly 5 million Americans through several programs.

…

The latest relief will go to borrowers in three categories who hit certain milestones that make them eligible for cancellation. It will go to 54,000 borrowers who are enrolled in Biden’s new income-driven repayment plan, along with 39,000 enrolled in earlier income-driven plans, and about 67,000 who are eligible through the Public Service Loan Forgiveness program.

  • partial_accumen@lemmy.world
    1·
    4 months ago

    When the trifecta of the president, congress, and the voters all disagree with the courts, why can’t they act against them? And who exactly can act against SCOTUS?

    Congress disagrees, specifically the House of Representatives, and “all the voters” currently disagrees with SCOTUS? Huge citation needed.

    No liberal or progressive should spend time defending this deeply undemocratic judicial branch.

    “No true Scotsman”, eh? I’m pointing out the rules in our Constitution for how our government works.

    We have a peaceful transfer of power during administration changes. I don’t understand how you are so quick to try and throw that away. Thats what Trump tried to do on Jan 6th. Why are you suggesting following his playbook?