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Posts tagged as “the Higher Education Act”

Supreme Court Blocks Biden Plan to Provide Student Loan Debt Relief, President Vows to Continue Fight

The Supreme Court has blocked President Joe Biden's plan to provide student loan debt relief to more than 40 million borrowers, prompting the president to announce a new 12-month "onramp repayment program" and explore other options for relief. Democrats are vowing to continue to fight for student loan debt relief, with Senate Majority Leader Chuck Schumer (D-N.Y.) promising, "We will not give up on this fight."

Biden Announces New Pathway to Student Loan Debt Forgiveness Following Supreme Court Decision

President Joe Biden has announced a new pathway to student loan debt forgiveness following the Supreme Court's 6-3 decision to strike down his original plan. The new plan will allow Education Secretary Miguel Cardona to "compromise, waive or release loans under certain circumstances," and Biden is urging Congress to pass legislation that would make two years of community college free for all Americans. He also vowed to continue pursuing debt forgiveness through a new path that is "legally sound" and will be grounded in the Higher Education Act.

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