Can Biden Still Forgive Student Debt?
Biden wants to use the Higher Education Act of 1965 to forgive student loans. But that plan has major issues.
Biden wants to use the Higher Education Act of 1965 to forgive student loans. But that plan has major issues.
Biden plans to slash minimum monthly payments to just 5 percent of borrowers' income.
Plus: A listener question on the potential efficacy of congressional term limits.
Biden's proposed income-driven repayment plan could still cost taxpayers billions. And it will likely raise tuition too.
Plus: Fewer cops, less crime; free beer; and more....
Unlike Democrats, Senate and House Republicans have released proposals that would actually tackle the root causes of increasing student loan debt.
A new working paper finds that borrowers whose loan payments were paused actually had more debt at the end of 2021 than those whose loans were never paused.
If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.
The lawsuit claims that the pause has cost taxpayers "$160 billion and counting."
Biden v. Nebraska has far-reaching implications for presidential power.
Unlike the Education Department's estimates, a CBO analysis considers how the new rules will encourage more students to take out loans they won't be able to pay back.
"If there is freedom, private property, rule of law, then Latin Americans thrive," says the social media star.
The time and money spent on college can often be used more productively.
Is this what equity looks like?
How to—and how not to—help solve the college debt problem.
56 percent agreed that "people often graduate without specific job skills and with a large amount of debt to pay off."
While the population has grown, the number of college students has declined in the past decade.
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
"If I would have gone to college after school, I would be dead broke," one high school graduate told the A.P.
The Supreme Court considers the scope of presidential power in Biden v. Nebraska and Department of Education v. Brown.
Plus: Texas prosecutors can't criminally charge people who help others access out-of-state abortions, food trucks fight rules banning them in 96 percent of North Carolina city, and more...
"If it was an emergency, why wait three years to provide the forgiveness? Why present it in a political framework, as fulfilling a campaign promise?" said one higher education expert.
New changes to income-driven repayment plans announced Tuesday would essentially turn student loans into government grants.
If political pressure to forgive debt can work once, why wouldn't it work again every five or 10 years?
As the Court agrees to take up yet another case against the Education Department's loan forgiveness plan, Biden's goal of forgiving billions in student loans seems increasingly doomed.
On Wednesday, a federal appeals court denied the Biden administration's request to block a Texas judge's ruling that declared the policy unconstitutional.
The justices refuse to vacate the injunction against President Biden's student loan forgiveness policy, but accept certiorari.
Private property was the solution to their failed experiment. But people keep repeating the Pilgrims' mistakes.
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The lack of statutory authority is the main issue raised by legal challenges to the plan.
It's the first of several court challenges to achieve any level of success. The Supreme Court rejected a separate challenge on Friday.
The new survey, released by Data for Progress, could spell trouble for Democrats hoping for gains in November following Biden's debt relief plan.
This latest expense is yet more evidence that sweeping student loan forgiveness will end up doing considerable economic harm.
According to a new report for the Congressional Budget Office, student loan debt forgiveness will likely completely wipe out gains made by the Inflation Reduction Act—and then some.
"This isn't how laws are supposed to be made," says Caleb Kruckenberg, an attorney with the Pacific Legal Foundation.
If the pandemic is over, then how is the supposed emergency move justified?
In six states, accepting student loan forgiveness is likely to result in an increased tax bill.
The likely answer is "yes." There are three types of potential litigants who probably qualify.
New poll shows majority of Americans oppose student loan forgiveness once they become aware of the obvious tradeoffs involved, like higher inflation and rising tuition prices.
From student debt cancellation to green subsidies, the White House is giving handouts paid for by hardworking lower-wage Americans.
The venerable champion of civil liberties is increasingly indistinguishable from myriad progressive advocacy groups.
The administration is creating a system where everyone involved in higher education has an incentive to fleece the American people.
Whether you qualify, paid off your loan, or never went to college, this politician has an explanation for you.
Plus: The editors field a listener question on abortion.
The proper response to one failed bailout is not another bailout of a different group.
Assistant Editor Emma Camp unpacks how Biden's student loan forgiveness plan is deeply misguided.
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