A coalition of Republican-led states allege that Education Secretary Miguel Cardona has directed loan servicers to start forgiving student debt as soon as this week.
The ruling marks yet another defeat for Biden's loan forgiveness agenda.
If at first you don't succeed, try, try again.
The SAVE plan would have dramatically reduced the amount borrowers were required to pay back before receiving forgiveness—and cost taxpayers almost $500 billion over the next decade.
Both rulings were by Democratic-appointed judges - a result that bodes ill for the plan's future.
The Congressional Budget Office reports the 2024 budget deficit will near $2 trillion.
A letter from higher education professionals warns that next year's FAFSA will likely face delays.
The president has tried to shift blame for inflation, interest rate hikes, and an overall decimation of consumers' purchasing power.
The decision allows the lawsuit to proceed, albeit with fewer plaintiffs.
Several lawsuits are attempting to stop the SAVE program but with uncertain impact.
Why aren't politicians on both sides more worried than they seem to be?
Instead of throwing money at the problem, the Education Department should commit to fixing the form for next year.
Plus: A listener asks the editors about cancelling student loan debt.
Due to persistent glitches in the financial aid form, Gov. Jim Justice issued an executive order lifting the FAFSA requirement for several state grants.
Kennedy’s plan for government-backed mortgage bonds will do to housing what federal student loans have done to college tuition.
A recent case in the 4th Circuit Court of Appeals highlights just how bloated PSLF eligibility has become.
A shoddy effort to simplify the financial aid form led to errors affecting 30 percent of this year's FAFSA applications.
Despite their informal nature, those norms have historically constrained U.S. fiscal policy. But they're eroding.
Instead of making the FAFSA form easier for families, persistent technical issues have imperiled vital financial aid information for millions of students.
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The new plan is much less ambitious than the president's 2022 blanket forgiveness effort, mostly relying on an expansion of previous smaller-scale debt cancelation schemes.
This would virtually ensure the case can't be dismissed for lack of standing, thanks to Missouri's precedent-setting Supreme Court victory in Biden v. Nebraska. The Show Me State can once again really show 'em!
There are many parallels between this case and the one the Supreme Court decided in Biden v. Nebraska, invalidating Biden's previous large-scale loan forgiveness plan.
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A rushed attempt to simplify the financial aid form has led to persistent technical difficulties, frustrating families and colleges alike.
The president of the new University of Austin wants to reverse the decline of higher education in America.
The updated FAFSA form has been marred with technical problems, leaving many students unable to complete the financial aid form entirely.
Biden claims that billions in loan forgiveness is "good for the economy," but his plans will end up costing taxpayers almost $500 billion.
This new wave of forgiveness shows how Biden can keep canceling student loans, even after his defeat at the Supreme Court last year.
Misled by a bad law, graduate students are drowning in debt.
The plan is the Biden administration's latest effort to enact large-scale student loan forgiveness.
Persistent technical difficulties have made completing the financial aid form nearly impossible for many applicants.
Misled by a bad law, graduate students are drowning in debt.
Through changes to income-driven repayment plans, the Department of Education is set to enact debt relief for thousands of borrowers.
While the new version of the financial aid form was supposed to simplify the process, it has instead been riddled with technical problems and considerable delays.
Post-COVID educational declines are here to stay.
Some private universities receive more from the government than they net in tuition payments.
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Since its start in March 2020, the pause has cost taxpayers around $200 billion.
The Colorado governor finds common ground with many libertarians. But does he really stand for more freedom?
Thankfully, you don't need fancy dining halls or a college degree to have a good life or get a good job.
The injunction is the latest in a series of setbacks for the Biden administration's loan forgiveness agenda.
Survey data casts doubt on the textualist rationale for the major questions doctrine that I and others have advanced. But perhaps not as much doubt as it might seem.
Biden's new income-driven repayment plan is estimated to cost taxpayers $360 billion over the next decade.
The plan's supporters say it won't push costs onto taxpayers.
The federal budget deficit has exploded under Biden's watch, and he can no longer pretend otherwise.
The administration’s SAVE plan for student loan forgiveness is estimated to cost $475 billion.
