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Results found for "student loan debt"


On Friday, the Biden administration announced they were canceling the loans of another 74,000 student loan borrowers, hiking the total number of people who have gotten their debt canceled to over 3.7 million Americans.
Published: Monday, February 12th, 2024 @ 4:03 pm By: Daily Wire
On Friday, the Biden administration announced they were canceling the loans of another 74,000 student loan borrowers, hiking the total number of people who have gotten their debt canceled to over 3.7 million Americans.
 
U.S. House Education Committee Chair Rep. Virginia Foxx, R-NC, is taking aim at the Biden Administration’s recently announced student loan forgiveness action, stating the executive branch is “trampling the rule of law.”
U.S. House Education Committee Chair Rep. Virginia Foxx, R-NC, is taking aim at the Biden Administration’s recently announced student loan forgiveness action, stating the executive branch is “trampling the rule of law.”
 
According to Department of Education figures, an estimated 1.4 million North Carolinians currently owe student loans, contributing to the Tar Heel State ranking as the eighth highest state on the average amount of student debt owed, with the average borrower owing $37,920.
According to Department of Education figures, an estimated 1.4 million North Carolinians currently owe student loans, contributing to the Tar Heel State ranking as the eighth highest state on the average amount of student debt owed, with the average borrower owing $37,920.
 
The idea of student loan forgiveness was only ever a bandage," said Robinson."We need to address the root cause of high student debt: colleges and universities that cost too much, spend too much, and deliver too little."
The idea of student loan forgiveness was only ever a bandage," said Robinson."We need to address the root cause of high student debt: colleges and universities that cost too much, spend too much, and deliver too little."
 
Roughly a third of Americans with student loans spent money they would not have normally spent because they were “confident” it would be forgiven under President Joe Biden, according to a new poll.
Published: Sunday, July 30th, 2023 @ 5:05 am By: Daily Wire
Roughly a third of Americans with student loans spent money they would not have normally spent because they were “confident” it would be forgiven under President Joe Biden, according to a new poll.
 
Former New Hampshire Republican Governor Judd Gregg slammed President Joe Biden this week for allegedly trying to “buy votes” through his student loan bailout program.
Published: Sunday, July 16th, 2023 @ 11:49 am By: Daily Wire
Former New Hampshire Republican Governor Judd Gregg slammed President Joe Biden this week for allegedly trying to “buy votes” through his student loan bailout program.
 
President Joe Biden vetoed a measure that would overturn his plan to cancel large amounts of federal student loan debt that could affect tens of millions of borrowers.
Published: Sunday, June 25th, 2023 @ 7:26 pm By: Daily Wire
President Joe Biden vetoed a measure that would overturn his plan to cancel large amounts of federal student loan debt that could affect tens of millions of borrowers.
 
House Republicans are questioning Education Secretary Miguel Cardona over the potential for waste and fraud in aspects of the Education Department’s student loan repayment plan.
Published: Thursday, May 25th, 2023 @ 11:56 pm By: Daily Wire
House Republicans are questioning Education Secretary Miguel Cardona over the potential for waste and fraud in aspects of the Education Department’s student loan repayment plan.
 
It’s time for the federal government to reduce higher-ed costs by fiat.
It’s time for the federal government to reduce higher-ed costs by fiat.
 
Conservatives justices on the U.S. Supreme Court took aim at President Joe Biden’s plan for canceling some $400 billion in student loans and sticking taxpayers with the bill, implying Congressional approval may be required.
Published: Friday, March 10th, 2023 @ 1:12 am By: Daily Wire
Conservatives justices on the U.S. Supreme Court took aim at President Joe Biden’s plan for canceling some $400 billion in student loans and sticking taxpayers with the bill, implying Congressional approval may be required.
 
The Supreme Court will hear arguments on Tuesday regarding two lawsuits challenging a plan from the Biden administration to unilaterally cancel student debt for millions of individuals.
Published: Tuesday, March 7th, 2023 @ 1:46 pm By: Daily Wire
The Supreme Court will hear arguments on Tuesday regarding two lawsuits challenging a plan from the Biden administration to unilaterally cancel student debt for millions of individuals.
 
The Biden administration is proposing a plan that would lower federal student loan payments for millions of Americans, including a pause on student loan payments for those making under $30,600 per year.
Published: Sunday, January 15th, 2023 @ 10:47 am By: Daily Wire
The Biden administration is proposing a plan that would lower federal student loan payments for millions of Americans, including a pause on student loan payments for those making under $30,600 per year.
 
If loan dollars are to flow, borrowers should be made to understand the terms.
If loan dollars are to flow, borrowers should be made to understand the terms.
 
The Biden administration’s student loan forgiveness plan was pushed back again on Wednesday after an appeals court refused to pause a previous ruling against the policy.
Published: Tuesday, December 6th, 2022 @ 4:44 am By: Daily Wire
The Biden administration’s student loan forgiveness plan was pushed back again on Wednesday after an appeals court refused to pause a previous ruling against the policy.
 
President Joe Biden reportedly plans to extend the pause on federal student loan payments through the summer of 2023 as his student debt cancellation plan faces legal challenges.
Published: Tuesday, December 6th, 2022 @ 4:20 am By: Daily Wire
President Joe Biden reportedly plans to extend the pause on federal student loan payments through the summer of 2023 as his student debt cancellation plan faces legal challenges.
 
The Biden administration began notifying Americans who applied for student loan forgiveness on Saturday that their requests had been greenlit, even as the controversial policy continues to move through the federal court system.
Published: Tuesday, November 29th, 2022 @ 5:02 am By: Daily Wire
The Biden administration began notifying Americans who applied for student loan forgiveness on Saturday that their requests had been greenlit, even as the controversial policy continues to move through the federal court system.
 
A federal judge dismissed a lawsuit on Thursday from six Republican attorneys general against the Biden administration for its policy to cancel $10,000 in student debt for millions of borrowers.
Published: Sunday, November 27th, 2022 @ 10:12 pm By: Daily Wire
A federal judge dismissed a lawsuit on Thursday from six Republican attorneys general against the Biden administration for its policy to cancel $10,000 in student debt for millions of borrowers.
 
The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
Published: Sunday, November 27th, 2022 @ 12:27 am By: Daily Wire
The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
 
Amidst the fallout from the meager Republican showing on Tuesday came a breath of fresh air, courtesy of one U.S. district court judge in Texas who took a sledgehammer to President Joe Biden’s attempt to bailout certain student loans
Amidst the fallout from the meager Republican showing on Tuesday came a breath of fresh air, courtesy of one U.S. district court judge in Texas who took a sledgehammer to President Joe Biden’s attempt to bailout certain student loans
 
The Biden administration doubled down on its move to cancel student debt for millions of borrowers after a federal judge nixed the controversial program.
The Biden administration doubled down on its move to cancel student debt for millions of borrowers after a federal judge nixed the controversial program.
 
A federal judge in Texas ruled Thursday evening that President Joe Biden’s student loan bailout is illegal, dealing a massive blow to the administration.
A federal judge in Texas ruled Thursday evening that President Joe Biden’s student loan bailout is illegal, dealing a massive blow to the administration.
 
The Biden administration warned Americans Thursday that 16 million student loan debts already forgiven by his administration would resume if Republicans sweep the midterms next week.
The Biden administration warned Americans Thursday that 16 million student loan debts already forgiven by his administration would resume if Republicans sweep the midterms next week.
 
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
 
On Thursday, Senate Majority Leader Chuck Schumer cursed Republicans who oppose President Biden’s White House’s student debt forgiveness plan.
Published: Thursday, November 3rd, 2022 @ 8:37 am By: Daily Wire
On Thursday, Senate Majority Leader Chuck Schumer cursed Republicans who oppose President Biden’s White House’s student debt forgiveness plan.
 
A federal appeals court temporarily froze President Joe Biden’s (D) controversial student loan bailout Friday evening.
Published: Sunday, October 30th, 2022 @ 9:10 am By: Daily Wire
A federal appeals court temporarily froze President Joe Biden’s (D) controversial student loan bailout Friday evening.
 
The Supreme Court has rejected an emergency lawsuit to block the Biden administration’s student loan forgiveness plan.
Published: Friday, October 28th, 2022 @ 2:45 pm By: Daily Wire
The Supreme Court has rejected an emergency lawsuit to block the Biden administration’s student loan forgiveness plan.
 
Building Back Together, a lobbying group that promotes the agenda of President Joe Biden, will spend six figures on a midterm advertisement campaign highlighting the commander-in-chief’s decision to nix student loan debt.
Published: Thursday, October 27th, 2022 @ 8:02 am By: Daily Wire
Building Back Together, a lobbying group that promotes the agenda of President Joe Biden, will spend six figures on a midterm advertisement campaign highlighting the commander-in-chief’s decision to nix student loan debt.
 
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
 
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
Published: Saturday, October 1st, 2022 @ 1:55 am By: Daily Wire
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
 
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
Published: Friday, September 30th, 2022 @ 6:38 pm By: Daily Wire
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
 
Sen. Joe Manchin (D-WV) spoke out in opposition to President Joe Biden’s student loan forgiveness plan, referring to it as excessive.
Sen. Joe Manchin (D-WV) spoke out in opposition to President Joe Biden’s student loan forgiveness plan, referring to it as excessive.
 
Americans facing largest national debt ever, just as Biden announces student loan forgiveness
Americans facing largest national debt ever, just as Biden announces student loan forgiveness
 
President Joe Biden (D) admitted his student loan bailout is illegal during a CBS News interview that aired on Sunday night, critics say.
President Joe Biden (D) admitted his student loan bailout is illegal during a CBS News interview that aired on Sunday night, critics say.
 
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
 
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
 
Hard-working iron workers in south-central Pennsylvania have no patience for President Biden’s $500 billion student loan giveaway, and they spoke out against what they feel is the unfairness of the plan.
Published: Friday, September 9th, 2022 @ 10:52 pm By: Daily Wire
Hard-working iron workers in south-central Pennsylvania have no patience for President Biden’s $500 billion student loan giveaway, and they spoke out against what they feel is the unfairness of the plan.
 
The U.S. government issued a statement vowing to find out who was responsible for giving out all of these predatory U.S. government loans that have caused so much financial harm to hard-working Americans.
The U.S. government issued a statement vowing to find out who was responsible for giving out all of these predatory U.S. government loans that have caused so much financial harm to hard-working Americans.
 
A recent Biden administration plan to cancel $10,000 in student debt per borrower is slated to substantially benefit some employees of the White House.
A recent Biden administration plan to cancel $10,000 in student debt per borrower is slated to substantially benefit some employees of the White House.
 
On Wednesday, leftist Harvard Law professor Laurence Tribe celebrated President Biden’s plan to cancel student loan debt, catalyzing an avalanche of harsh criticism on social media.
On Wednesday, leftist Harvard Law professor Laurence Tribe celebrated President Biden’s plan to cancel student loan debt, catalyzing an avalanche of harsh criticism on social media.
 

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