Biden's student loan cancellation plans moves forward
Release time：2024-05-21 12:06:10 Source：Worldly Watch news portal
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.
- Previous：Candice Swanepoel stuns in a form
- Next：Dodgers acquire pitcher Yohan Ramírez from Mets for cash
Related articles
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- Evil tactics to demonize fight against virus
- How Meghan played the LONG
- Chinese premier pledges efforts to promote equipment upgrades, trade
- California congressman urges closer consultation with tribes on offshore wind
- Dialogues, consultation have strength in resolving conflicts
- Chinese modernization conceived in China, opportunities it brings belong to world
- Iga Swiatek leads Poland to the Billie Jean King Cup Finals. Japan, Australia and Slovakia win
- Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
- Tennessee Vols wrap up spring practice with Nico Iamaleava finally under center
- California congressman urges closer consultation with tribes on offshore wind
- Poverty eradication with Chinese characteristics
- To build even closer relations between China, Central Asian countries
- Mainland refutes DPP claim on international waters in Taiwan Strait
- Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise
- Executor of O.J. Simpson's estate plans to fight payout to the families of Brown and Goldman
- Full Text: Report on the Work of the Government
- Who is unhappy about Syria's return to the Arab League?
- Inquiry slams UK authorities for failures that killed thousands in infected blood scandal
- Endless War
Random recommendation
- Copyright © 2024 Powered by Biden's student loan cancellation plans moves forward ,Worldly Watch news portal sitemap