President Biden announces extension of the payment pause on federal student loans through Aug. 31.
Progressives have urged Biden to go beyond the payment pause and use his executive authority to cancel up to $50,000 in student debt, but Biden has expressed significant reservations about his legal ability to do so.
“I believe the president should go further and forgive $50,000 in student loans permanently. It’s a huge burden on so many people,” Schumer said.was conducting a review on Biden's authority to cancel student debt through executive action and that the president would base his policy decisions in part on the memo's findings.
, the Education Department last year was compelled to release a heavily redacted memo dated April 2021 on the executive branch’s legal power to cancel student debt.White House chief of staff Ron Klain said in a March interview with the podcast “Pod Save America” that the administration would grapple with how to address more widespread debt forgiveness when the payment moratorium eventually expires.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden administration will extend pause on federal student loan repayments through AugustThe Biden administration is planning to extend a pause on federal student loan repayments through Aug. 31, an administration official says
Read more »
President Biden extends payment pause for student loan borrowers through AugustPresident Biden on Wednesday announced he is extending the pause on student loan payments through the end of August.
Read more »
Biden Administration to Extend Student Loan Payment Moratorium Until End of AugustThe Biden administration is planning to extend until the end of August a pause on student loan payments. The extension could be announced as soon as Wednesday.
Read more »
Biden To Extend Student Loan Moratorium Through August: ReportsThe current pause on federal payments is set to expire in a few weeks.
Read more »
GOP Rep. Donalds on Hunter Biden Laptop: 'Joe Biden Knows Exactly What Is Going on'Monday on FNC's 'Fox & Friends,' Rep. Byron Donalds (R-FL) called for the investigation of Hunter Biden's laptop if the GOP takes control of the House in the midterm elections. | Clips
Read more »
Joe Biden sticking to claim he and Hunter Biden never talked about foreign business: PsakiFormer Hunter Biden business partner Tony Bobulinski alleges that he met with Joe Biden to discuss the CEFC venture on May 2, 2017, and that the president was the “big guy.”
Read more »