Oct 10 New lawsuit from small business group seeks to block Biden student debt relief plan By Jill Colvin, Associated Press The suit, filed Monday by the Job Creators Network Foundation, argues the Biden administration violated federal procedures by failing to seek public input on the program. Continue reading
Sep 29 Watch 5:05 News Wrap: Data shows U.S. economy shrank in the second quarter In our news wrap Thursday, revised government data confirmed the U.S. economy shrank in the second quarter, U.K. Prime Minister Liz Truss defended her economic plan that includes billions in tax cuts for high earners without offsetting spending reductions and… Continue watching
Sep 04 Some states have laws to tax student loan debt forgiven by Biden’s plan By Steve Karnowski, Collin Binkley, Associated Press President Joe Biden's student loan forgiveness plan could lift crushing debt burdens from millions of borrowers, but the tax man may demand a cut of the relief in some states. Continue reading
Sep 03 Watch 8:17 Answers to questions about Biden’s student debt forgiveness plan By Ali Rogin, Andrew Corkery, Juliet Fuisz The total amount of student loan debt in the U.S. currently stands at $1.6 trillion — more than the debt from credit cards and car loans combined. Following President Biden's announcement on student loan forgiveness, many borrowers could soon see… Continue watching
Aug 24 WATCH: White House holds news briefing following Biden announcement on student debt By Associated Press White House press secretary Karine Jean-Pierre held a news briefing Wednesday afternoon following President Joe Biden's announcement that his administration will cancel student debt for some borrowers. Continue reading
Aug 24 WATCH: President Biden announces $10,000 student debt forgiveness, payment pause By Seung Min Kim, Chris Megerian, Zeke Miller, Associated Press, Colin Brinkley, Associated press President Joe Biden has announced his long-awaited plan to deliver on his campaign promise to provide $10,000 in student debt cancellation for millions of Americans — and up to $10,000 more for those with the greatest financial need. Continue reading
Aug 24 What we know about Biden’s student loan debt forgiveness plan By Cora Lewis, Adriana Morga, Associated Press President Joe Biden is expected to announce that many Americans can have up to $10,000 in federal student loan debt forgiven. Continue reading