175+ Groups Urge Biden to Immediately Enact New Student Debt Cancellation Plan

Student loan borrowers and the Too Much Talent Band demand debt cancellation outside the White House on January 13, 2022, in Washington, D.C.  (Photo: Paul Morigi/Getty Images for We The 45 Million) “Restarting the fundamentally broken student loan system without first delivering on the relief promised to borrowers remains a… Continue reading

Education Dept. Cancels $39 Billion in Student Debt for 800,000 Borrowers

One-time credits will wipe out loans, fixing mistakes made by loan servicers when collecting payments under income-driven repayment programs. Demonstrators calling for the cancellation of student debt in Washington in June.Credit…Kenny Holston/The New York Times By Stacy Cowley July 14, 2023 (NYTimes.com) More than 800,000 borrowers will have $39 billion in federal… Continue reading

‘They Can Cancel All of It’ Today, Advocates Say as Biden Admin Wipes Out Student Debt for 800,000

President Joe Biden is joined by Education Secretary Miguel Cardona at a press conference on June 30, 2023. (Photo by Chip Somodevilla/Getty Images)  (Photo by Chip Somodevilla/Getty Images) “This is only the tip of the iceberg,” said one campaigner. “Now, our leaders need to finish the job.” JAKE JOHNSON Jul… Continue reading

‘Best path’: President Joe Biden announces new ‘legally sound’ student debt relief plan

Maya Boddie June 30, 2023 (alternet.org) Following the U.S. Supreme Court’s decision to reject President Joe Biden’s student debt relief plan Friday, the president announced the “new path” he will take to attain his goal of relieving “as many borrowers as possible.” The high court, in a 6-3 ruling, struck down… Continue reading