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June 30, 2023
Significantly reduced debt for 43 million people and wiped it away for about 20 million americans, and that is no longer. >> ken, how big of a blow is this to president biden, given this was a campaign promise he was trying to enact through this program? >> yeah, its a big blow politically and legally for the biden administration, as you mentioned. this was an important campaign promise that he made that helped to motivate a lot of young people who are really feeling the burden of student loan d...
June 30, 2023
Chicago. youve been talking to those impacted, those waiting for this decision. what have you been hearing? >>. >> reporter: ive been covering this for a couple of years at this point, going back to before biden announced this program and the calls for many people in the progressive base for biden to act and take this executive action. one person who ive been in contact with for a long time just texted me saying, oh, what a horrible day. and thats the feeling youre getting from people who were c...
June 30, 2023
Then we have to work to make college more affordable. i would love to see the federal government double the pell grant program. in 1980 the pell grant program covered about 80% of the cost of college. no, it covers less than one third. we have transfer that cost from the federal government to students and their families in the form of debt. that is a policy mistake that needs to be corrected. >> lets listen to miguel cardona. >> from day one we have been making sure that our students are at the ...
June 30, 2023
Been underrepresented or formally excluded from higher education. that is important. we should also go back and correct some of the things that the individuals were saying. yes it is true that this perhaps unprecedented for student loans to be forgiven but it is not unprecedented for the government to forgive of their kinds of loans. student loans are not dischargeable in bankruptcy but loans for small businesses can be. the government extended quite generation loans to a number of people throug...
May 2, 2023
In March 2020, the federal government froze payments on all federal student loans. In August 2022, the Biden Administration forgave a portion of federal student debt. Borrowers who qualified each got $10,000 of their debt forgiven, while Federal Pell Grant Program recipients got $20,000 of their debt written off. Although…
March 14, 2023
The town hall was broadcasted from Drakeโs Oakland office on Feb. 24.
March 6, 2023
The six-count indictment charges the following defendants with one count of conspiracy to commit wire fraud affecting a financial institution and bank fraud.
February 9, 2023
The House Education and Labor Committee recently released its proposal to reauthorize the Higher Education Act of 1965โthe College Affordability Act.REF Much like the Affordable Care Act, the House Democratsโ proposal is anything but affordable.
December 9, 2022
TYLER, Texas โ A Shreveport, Louisiana mother and son are among those indicted on federal charges in the Eastern District of Texas, announced U.S. Attorney Brit Featherston today. Angela Speech, 43; her son, Jeremy Marshall, 24; Devonaire Jones, 35; and Camyl Lewis, 24, were indicted by a federal g
December 3, 2022
During the current Higher Education Act (HEA) reauthorization,Congress should restore the HEA's original intent by awardingtaxpayer subsidies and grants to those students who cannototherwise afford higher education. The HEA should be reformed byending outdated and duplicative programs, eliminating subsidies tomiddle-class and wealthy families, and creating a public databaseto encourage smart consumer decision making.