TOPEKA, Kan. — A group of Republican-led states is suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. In a federal lawsuit filed Thursday, 11 states led by Kansas argue that Biden overstepped his authority in creating […]
Nancy Peter, who aspired to become a psychologist nearly four decades ago, is today emblematic of a persistent issue facing many Americans — student loan debt. Despite completing her degree at Mundelein College and a subsequent graduate program at Loyola University, Mrs. Peter‘s financial burden has multiplied due to accruing interest. When she borrowed the […]
On Wednesday, nearly 153,000 student loan debt holders received a personal email from President Joe Biden. “Congratulations — all or a portion of your federal student loans will be forgiven because you qualify for early loan forgiveness under my Administration’s SAVE Plan,” the email draft in Politico read. The email touted Biden’s Student Aid for […]
The White House announced Wednesday that it had forgiven $1.2 billion in student loans for more than 150,000 borrowers in the Biden administration’s latest push to fulfill a key campaign promise. While President Joe Biden courted many voters with a pledge to forgive all or some debt for millions of debtors, his failure to deliver […]
LONDON — Two British museums are returning gold and silver artifacts to Ghana under a long-term loan arrangement – 150 years after the items were looted from the Asante people during Britain’s colonial battles in West Africa. The British Museum and the Victoria & Albert Museum in London, together with the Manhyia Palace Museum in […]
A boycott against repaying student loans has emerged around President Biden’s efforts, largely unappreciated by his base, to erase the debt for millions of borrowers. Source link
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