Biden's student loan cancellation plans moves forward
WASHINGTON (AP) — President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election.
The Education Department on Tuesday filed paperwork for a new regulation that would deliver the cancellation that Biden announced last week. It still has to go through a 30-day public comment period and another review before it can be finalized.
It’s a more targeted proposal than the one the U.S. Supreme Court struck down last year. The new plan uses a different legal basis and seeks to cancel or reduce loans for more than 25 million Americans.
Conservative opponents, who see it as an unfair burden for taxpayers who didn’t attend college, have threatened to challenge it in court.
The Democratic president highlighted the the plan during a trip to Wisconsin last week, saying it would provide “life-changing” relief. He laid out five categories of people who would be eligible for help.
Related articles
EMMA COWING: Humza Yousaf's obsession with gender politics showed an absolute contempt for women
First Nicola Sturgeon. Now Humza Yousaf. It is clear to me that there is one core issue that has bro2024-05-01Burnley routs Sheffield United to boost survival chances. Luton sunk by Brentford
Burnley’s hopes of English Premier League survival were boosted by routing last-placed Sheffield Uni2024-05-01Man who set himself on fire outside Trump hush money trial dies
NEW YORK (AP) — A man who doused himself in an accelerant and set himself on fire outside the courth2024-05-01Napoli coach apologizes to fans after lackluster loss at Empoli worsens title defense
ROME (AP) — Napoli’s title defense is going from bad to worse.The team’s third coach this season apo2024-05-01Select list of nominees for 2024 Tony Awards
NEW YORK (AP) — Select nominations for the 2024 Tony Awards, announced Tuesday.Best Musical: “Hell’s2024-05-01Marlins lefty A.J. Puk lands on injured list with shoulder fatigue
CHICAGO (AP) — The Miami Marlins placed left-hander A.J. Puk on the 15-day injured list on Saturday2024-05-01
atest comment