The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans.

The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs.

The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans. With the latest action, the administration said it has canceled $167 billion in student debt for nearly 5 million Americans through several programs.

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The latest relief will go to borrowers in three categories who hit certain milestones that make them eligible for cancellation. It will go to 54,000 borrowers who are enrolled in Biden’s new income-driven repayment plan, along with 39,000 enrolled in earlier income-driven plans, and about 67,000 who are eligible through the Public Service Loan Forgiveness program.

  • partial_accumen@lemmy.world
    31·
    6 months ago

    When the trifecta of the president, congress, and the voters all disagree with the courts, why can’t they act against them? And who exactly can act against SCOTUS?

    Congress disagrees, specifically the House of Representatives, and “all the voters” currently disagrees with SCOTUS? Huge citation needed.

    No liberal or progressive should spend time defending this deeply undemocratic judicial branch.

    “No true Scotsman”, eh? I’m pointing out the rules in our Constitution for how our government works.

    We have a peaceful transfer of power during administration changes. I don’t understand how you are so quick to try and throw that away. Thats what Trump tried to do on Jan 6th. Why are you suggesting following his playbook?

    • gastationsushi@lemmy.world
      23·
      6 months ago

      As I said before, congress passed a law that allowed presidents to forgive debt, are you saying congress didn’t support that?

      Go read Biden’s own citations, on where he gets power if you are interested.

      Stop ignoring SCOTUS, where did they get their power, it certainly wasn’t our constitution. You are out here with a white glove looking for faults in everything but the Roberts court. The most corrupt court we’ve had in my lifetime.

      • partial_accumen@lemmy.world
        3·
        6 months ago

        As I said before, congress passed a law that allowed presidents to forgive debt, are you saying congress didn’t support that?

        For the third time point to valid source.

        “what can be asserted without evidence can also be dismissed without evidence” -Hitchens

        Consider yourself dismissed. You’re dancing from point to point as soon as your current point is too weak. I’m guessing you’ll just do that forever because your arguments are too weak to defend. Feel free to reply to oblivion. I won’t be replying. Have a nice day.

        • gastationsushi@lemmy.world
          13·
          6 months ago

          Just look up the law the Biden administration cited in his original debt relief and his response to SCOTUS.

          Why would you argue with someone online about student debt forgiveness when you don’t even know basics like the law Biden cited.