Biden pushing ahead with new student debt relief plan after Supreme Court ruling

  • 📰 wsfa12news
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 59%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

The Biden administration is moving forward on a new student debt relief plan after the Supreme Court struck down his original initiative to provide relief to 43 million borrowers.

President Joe Biden insisted Friday that “this fight is not over” and blamed Republican opposition for the demise of his original plan.

The president planned an afternoon address to lay out a series of actions to provide continued relief to 43 million student loan borrowers, and in the meantime tried to stay on the political offensive against the GOP. Massachusetts Democratic Sen. Elizabeth Warren, one of her party’s leading voices on the left, said, “The president has more tools to cancel student debt — and he must use them.”

Trying to place the onus for ending the plan on the GOP could allow Biden’s reelection campaign to keep the issue of students loans as one of strength in the short term. But that may ultimately offer little solace to 43 million Americans who will now could have to start again repaying their student loans.

“It’s going to have a huge impact on the next election. This was a key point. This was a key policy priority,” Cole said, adding, “If we don’t do this, we continue the cycle of seeing our elected leaders make promises and not follow through.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 338. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Supreme Court to release ruling on President Biden's student loan forgiveness planOn Thursday, the Supreme Court is expected to release its ruling on the legality of President Biden’s student loan forgiveness plan. NBC10Responds reporter tracydavidson has the details:
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »