News
Student Debt Cancellation Already in Focus Amid President-Elect Biden Transition | Yahoo Finance
President-elect Joe Biden made a campaign proposal to erase $10,000 for roughly 37 million Americans who owe federally-backed student loan debt, and experts are divided on whether the incoming president will be able to make good on that promise.
Biden Administration Can Cancel Student Debt On Day One | Press Release
As President-elect Joe Biden and Vice President-Elect Kamala Harris begin their transition to taking office in January, the Project on Predatory Student Lending is restating the President’s authority to cancel student loan debt for millions of students and families across the country. This action does not require Congress’s approval and can be taken on day one of taking office.
What a Joe Biden presidency means for taxes, health care, housing, student debt — and another COVID-19 stimulus package | MarketWatch
Joe Biden was projected Saturday to become the nation’s next president, according to the Associated Press, after campaigning on an ambitious domestic agenda he hopes will improve voters’ finances and invigorate an economy battered by the coronavirus pandemic. Tax hikes for the rich, broadened health care coverage and student loan forgiveness were some of the projects on candidate Biden’s to-do list.
Could Biden Cancel Some Student Debt Through Executive Action? | Forbes
While President-Elect Biden begins preparing for his transition to the White House in January, advocates for student loan borrowers are already pressing him to take quick action on student loan debt once he takes office — even if it means bypassing Congress.
Student Debt Cancellation Tests Progressives’ Sway Under Biden | Bloomberg Government
Joe Biden embraced progressive demands for student debt cancellation after he won the Democratic nomination. Whether he agrees to use executive authority to grant loan relief will test how much influence progressives hold in his administration.
Students ask Courts to Stop the Department of Education from Denying Borrower Defense Claims | Blog
After a historic hearing last month in which a judge slammed Education Secretary Betsy DeVos’ blanket denials of students’ borrower defense claims and rejected a proposed settlement in our case Sweet v. DeVos, student borrowers are holding the Department of Education accountable in new and important ways.
My Student Loan Truth: Nicole’s Art Institute Story | Blog
Nicole Edgar Sereno had always been interested in an art career. So when a recruiter from the Art Institute came to her high school, she jumped at the chance to pursue a career in animation. It wasn’t until she started looking for jobs after graduating that she realized they had been lying to her all along.
How Courts Have Responded to Student Loan Borrowers in Historic Ways This Month | Blog
This month has brought forth a lot of historic decisions for student borrowers: student borrowers testified in front of a judge, and he slammed the way the Department has handled their borrower defense cases; Betsy DeVos is held in contempt, again; our new case against a private lender, Navient. Here are the latest updates on our work.
Borrowers Seek to Hold Secretary DeVos in Contempt of Court for Refusing to Decide Borrower Defense Application | Press Release
Student borrowers filed a motion to hold Secretary of Education Betsy DeVos in contempt of court for failing to comply with an order to decide the borrower defense application filed by the Massachusetts Attorney General on behalf of approximately 7,200 former Corinthian Colleges students in Massachusetts.
“Disturbingly Kafkaesque”: Judge Rips Betsy DeVos for Denying 94% of Student Debt Forgiveness Claims | Salon
Arguing that Secretary of Education Betsy DeVos had undermined the agreement, a federal judge on Tuesday denied approval for a class action settlement over the Trump administration's handling of a student debt forgiveness program. U.S. District Judge William Alsup said DeVos had subverted the agreement by rejecting tens of thousands of applications from defrauded students without adequate explanation, Politico first reported.