President Biden Announces Third Round of Student Loan Forgiveness

After his first attempt at large-scale student loan forgiveness produced a last-minute surge of young voters to the polls in the 2022 midterms before it was struck down by the Supreme Court, President Joe Biden is trying the same trick again in 2024. In swing state Michigan on April 8, the president unveiled another plan to unilaterally reduce or eliminate the loans of 23 million undergraduate and graduate borrowers.

' Everything, that is, that the EEOC, the committee made up of unelected bureaucrats who govern the application of Title VII, chooses to look at. Conveniently, the EEOC has never applied that same disparate impact lens to $100,000 college credentials, which also produce racial disparities alongside burdensome debt.

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President Biden Announces Another Round of Student Loan ForgivenessPresident Joe Biden announced another round of student loan forgiveness, with 78,000 Americans having their federal student loans canceled through a program that helps public service workers. The Education Department is canceling the loans for those who have reached 10 years of payments while working in public service.
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President Biden Announces New Proposals for Student Loan ForgivenessPresident Biden will be announcing new proposals for partial or complete student loan forgiveness, specifically targeting accrued and capitalized interest on student loans. The plan will have to go through the federal rulemaking process and a public comment period before any changes can be made.
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