When Americans head to the polls in November, President Joe Biden will have had a direct effect on the household finances of about 4 million of them: He canceled their student loan debt.
When Americans head to the polls in November, President Joe Biden will have had a direct effect on the household finances of about 4 million of them: He canceled their student loan debt.
Sixteen million people received an email from the administration in 2022 notifying them that they qualified for student loan forgiveness under Biden’s new program, which was later struck down by the Supreme Court.
When he was president of the United States, he put Betsy DeVos in as secretary of education, and they tried to block every possible access to student loan debt cancellation that was already in the law,” the Massachusetts senator told CNN.
The Trump administration also called for ending the Public Service Loan Forgiveness program, which cancels student debt for eligible public-sector workers who have made 10 years of qualifying monthly payments.
Biden announced the loan forgiveness plan in August 2022, but the application wasn’t formally launched until two months later – which was also after several conservative-backed lawsuits were filed alleging the program was illegal.
He said it’s clear that student loan forgiveness remains a priority for the administration, noting how one of first lady Jill Biden’s guests at the State of the Union in early March was a teacher who received debt relief under PSLF.
The original article contains 1,395 words, the summary contains 212 words. Saved 85%. I’m a bot and I’m open source!
This is the best summary I could come up with:
When Americans head to the polls in November, President Joe Biden will have had a direct effect on the household finances of about 4 million of them: He canceled their student loan debt.
Sixteen million people received an email from the administration in 2022 notifying them that they qualified for student loan forgiveness under Biden’s new program, which was later struck down by the Supreme Court.
When he was president of the United States, he put Betsy DeVos in as secretary of education, and they tried to block every possible access to student loan debt cancellation that was already in the law,” the Massachusetts senator told CNN.
The Trump administration also called for ending the Public Service Loan Forgiveness program, which cancels student debt for eligible public-sector workers who have made 10 years of qualifying monthly payments.
Biden announced the loan forgiveness plan in August 2022, but the application wasn’t formally launched until two months later – which was also after several conservative-backed lawsuits were filed alleging the program was illegal.
He said it’s clear that student loan forgiveness remains a priority for the administration, noting how one of first lady Jill Biden’s guests at the State of the Union in early March was a teacher who received debt relief under PSLF.
The original article contains 1,395 words, the summary contains 212 words. Saved 85%. I’m a bot and I’m open source!