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Insider spoke to Under Secretary of Education James Kvaal on deep problems within the student-loan industry and what relief might come for borrowers.
A government shutdown would create massive disruption to the country and considerable hardship for virtually all US citizens, apart from the policymakers — members of Congress — themselves, writes Rob Rosenthal.
Because she's my favorite an sor -- an anchor on cnn news central. she has to sue you. the problem in this matter is it's not clear who has sitting. the supreme court grappled with this in oral argument. a bunch of states sued the bilden admbiden administration, but the loan service providers didn't. they could make this going away saying the wrong party is suing here. >> missouri is suing saying there are loan servicers in our state are wronged here. but they're not in it, it's state doing it on their behalf. the justices could decide to do their case. if there is standing there's a separatio...
And introduces work requirements for certain welfare programs. joey: we're going to bring in now congressman greg steube to react to this breaking news. congressman, good morning. >> good morning. thanks for having me. well, there's a lot of good stuff in there. it limits top-line federal spending by 1% on annual growth for the next six years, it puts those work requirements in, it pulls the covid funds back that haven't been used. it also puts a pay-go requirement in for the white house. if they're going to spend money, and it limits that to $100 million, i believe. they have to the find the ...
With student loan payments set to resume on Jan. 1, 2023, administration is preparing to launch largest student debt forgiveness program in US history