Everything We Know (So Far) About Biden’s Student Loan Forgiveness Plan

Caroline Purser | The image bank | Getty Images How many debts are cancelled? Did I receive a Pell Grant? Chances are you received one as part of your financial aid package while in college: Of the estimated 43 million borrowers who will benefit from the administration’s forgiveness plan, more than 60% are Pell Grant … Read more

Judge: the jury can see the swastikas that the school shooter drew in class

FORT LAUDERDALE, Fla. (AP) — In a failed attempt to bar the admission into evidence of multiple swastikas, a Florida school shooter Nicholas Cruz shot on assignments, his lawyers made an unusual argument Thursday during his penalty trial: He was an equal opportunity killer who shot his victims regardless of race or religion. The lawyers … Read more

Student loan relief limited for many by the legacy of the war on drugs in the United States

President Joe Biden says he hopes his proposal to cancel federal student loans will narrow the nation’s racial wealth gap. But a generation of black and Hispanic Americans have been disproportionately excluded from one of the keys to Biden’s plan: the Pell Grant program. As a member of “war on drugs” — a massive anti-crime … Read more

How more FFEL borrowers can get student loan forgiveness

Student debt activists gather outside the White House a day after President Biden announced a plan that would forgive $10,000 in student loan debt for those earning less than $125,000 a year in Washington, DC, on August 25, 2022. The Washington Post | The Washington Post | Getty Images When the US Department of Education … Read more

Columbus, Ohio, teachers ratify new education deal

CNN — The teachers’ union in Columbus, Ohio, voted on Sunday to ratify a agreement with Columbus City Schoolswhich will allow students to resume in-person learning on Monday after a day-long strike over classroom conditions and teacher pay. A majority of members of the teachers’ union, Columbus Education Association, voted to accept the deal, union … Read more

‘It’s going to change everything for me’: Americans react to Biden’s plan to forgive up to $20,000 in student debt

CNN — Americans across the country are sharing their mixed reactions to President Joe Biden’s decision to forgive up to $20,000 in student loan debt for millions of borrowers. Biden announced on Wednesday that borrowers who hold loans from the Department of Education and earn less than $125,000 a year are eligible for up to … Read more

Pennsylvania gubernatorial candidate Mastriano posed in Confederate uniform at the Army War College

Washington CNN — Doug Mastriano, the Republican candidate for governor in Pennsylvania, posing in a Confederate military uniform in a 2013-2014 faculty photo at the Army War College, a photo obtained by Reuters shows. Teachers at the school, where Mastriano worked at the time, were given the choice of dressing as historical figures, people familiar … Read more

Biden’s student loan relief plan will primarily help working-class and middle-class borrowers, report says

CNN — of President Joe Biden student loan debt relief plan should primarily help working-class and middle-class borrowers, according to an updated report from an influential research group. That’s a change from his earlier projection that more high-income borrowers would get basic loan forgiveness. About 75% of the profits will go to households earning $88,000 … Read more

13 states could hit borrowers with state tax liability on canceled student loans

President Joe Bidenit is student loan cancellation plan will soon cancel the debt of millions of Americans – and the relief is tax exempt on federal returns. However, experts say cancellation can still trigger a state tax bill. Most borrowers earning less than $125,000 a year or $250,000 for married couples who file together will … Read more