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
Landmark Paris trial of Syrian officials accused of torturing, killing a father and his son starts
PARIS (AP) — The landmark trial of three former Syrian intelligence officials began Tuesday at a Par2024-05-22Albo's tenant is crying poor after getting handed his eviction notice
Far be it from me to defend Albo for the treatment he's copping from one of his investment property2024-05-22Fijian Drua face crucial home match against Queensland Reds in Super Rugby Pacific
WELLINGTON, New Zealand (AP) — The Fijian Drua may have their last chance of sealing a playoff spot2024-05-22- Cannes Film Festival got into full swing on Wednesday night with the Furiosa: A Mad Max Saga premier2024-05-22
NASCAR star Kyle Larson is embracing his Indianapolis 500 debut, right down to milking a cow
INDIANAPOLIS (AP) — Kyle Larson has been adamant about soaking up the entire Indianapolis 500 experi2024-05-22Ten Hag addresses Man United fans after winning last home game of season. Chelsea beats Brighton
Manchester United manager Erik ten Hag had just seen his team win its last match at Old Trafford thi2024-05-22
atest comment