Members phkrause Posted February 23 Author Members Share Posted February 23 Biden says too many Americans are saddled with school debt as he cancels federal loans for 153,000 CULVER CITY, Calif. (AP) — President Joe Biden said Wednesday that while a college degree was still a ticket to a better life, that ticket is often too expensive, as he announced he was canceling federal student loans for nearly 153,000 borrowers. https://apnews.com/article/biden-student-loan-forgiveness-2024-california-cc23ba93a733b583f3ee8963cdd02566? Biden unveils latest round of student loan cancellation to aid 153,000 borrowers President Joe Biden expanded his push to eliminate student loan debt Wednesday, saying during a speech the initiative is part of a campaign promise to address the “broken” system. https://floridaphoenix.com/2024/02/21/biden-unveils-latest-round-of-student-loan-cancellation-to-aid-153000-borrowers/? Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
Members phkrause Posted April 9 Author Members Share Posted April 9 What to know about Biden’s latest attempt at student loan cancellation President Joe Biden is hoping to deliver on a key campaign promise that he has so far failed to fulfill. On Monday, Biden detailed a proposal that’s been in the works for months after the Supreme Court rejected Biden’s first try at mass student loan cancellation, which would eliminate at least some debt for more than 30 million Americans – some potentially as soon as this fall. Read more. Why this matters: Biden has called the court’s decision a “mistake” but ordered the Education Department to craft a new plan using a different legal authority. The latest proposal is more targeted than his original plan, focusing on five categories of borrowers for whom student debt is a major obstacle. The widest-reaching provision aims to reset student loan balances for borrowers who have seen their debt grow because of unpaid interest. It would cancel up to $20,000 in interest for Americans who now owe more than they originally borrowed. All debt would also be canceled for borrowers repaying undergraduate loans for 20 years or more, or 25 years for those with graduate school debt. RELATED COVERAGE ➤ Biden promotes ‘life-changing’ student loan relief in Wisconsin as he rallies younger voters An appeals court blocks a debt relief plan for students who say they were misled by colleges Biden could miss the deadline for the November ballot in Ohio, the state’s election office says Quote phkrause By the decree enforcing the institution of the papacy in violation of the law of God, our nation will disconnect herself fully from righteousness. When Protestantism shall stretch her hand across the gulf to grasp the hand of the Roman power, when she shall reach over the abyss to clasp hands with spiritualism, when, under the influence of this threefold union, our country shall repudiate every principle of its Constitution as a Protestant and republican government, and shall make provision for the propagation of papal falsehoods and delusions, then we may know that the time has come for the marvelous working of Satan and that the end is near. {5T 451.1} Link to comment Share on other sites More sharing options...
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