![]() ![]() Education Secretary Miguel Cardona speaks during the daily briefing at the White House in Washington on Thursday, August 5, 2021. The Biden administration estimates the waiver, which will run through October 2022, will help more than 550,000 borrowers who consolidated their loans to move toward forgiveness.įor members of the military, the Education Department will also allow time spent on active duty to count toward loan forgiveness, even if a service member's loans were on deferment or forbearance instead of in active repayment. Trump unleashes on Biden as legal problems mountįlorida now says AP Psychology allowed in schoolsĭemocrats call for hearing to ‘investigate attacks on democracy’ after. Trump’s criminal trials prompt GOP political doomsday alarms Maui wildfire devastates historic Lahaina Town Historic Supreme Court case could imperil the entire US tax code Īlarm grows as Ukraine’s counteroffensive falters GOP alarms go off after Ohio abortion voteįulton County DA Fani Willis warns staff not to respond to. ![]() ![]() Manchin ‘thinking seriously’ about leaving Democratic Party House GOP will subpoena Biden family, says Republican chairman This material may not be published, broadcast, rewritten, or redistributed.Ĭomer calls White House spokesperson a ‘clown’ after Hunter Biden memo “This on-ramp is not a loan pause, it is a process in which we are going to support our borrowers … but we encourage payments to be made.” TagsĬopyright 2023 Nexstar Media Inc. “This on-ramp is intended to support you, making it back to repayment with dignity,” Cardona said. The Biden administration has been criticized by Republicans for continuing to extend the repayment pause until he struck the deal limit deal this spring. Student debt payments have been paused since March 2020 due to the pandemic, but in a deal with House Speaker Kevin McCarthy (R-Calif.) to secure a debt ceiling agreement, Biden set in stone the resumption of repayments beginning in October.Ĭardona noted the on-ramp action is not an additional pause extension. ![]() Maui fire deaths surge to 53 and likely to go higher, governor says. Virgin Galactic’s first space tourists finally soar, an Olympian and a mother-daughter duo But, he added, those lawyers did the same review before Biden introduced the program citing the HEROES Act. READ: Supreme Court rulings on Biden’s student loan forgiveness planĮducation Secretary Miguel Cardona told reporters that lawyers from his agency, the Department of Justice and the White House reviewed the new plan, weighed in, and believe the HEA pathway was legally available.Biden bristles at reporter asking if he gave student loan borrowers ‘false hope’.Biden plots new course to get relief for student loan borrowers.Supreme Court blocks student loan forgiveness: What should borrowers do now?.Supreme Court strikes down Biden’s student debt forgiveness plan.More on SCOTUS’s student loans ruling from The Hill “From where it stands now, we think the … Higher Education Act pathway that we talked about today is going to be a valid pathway that conforms with the major questions doctrine issue that the Supreme Court raised today,” said Bharat Ramamurti, deputy director for the National Economic Council. Democrats and advocates have argued the HEA would allow the education secretary to compromise, waive or release student loans. White House officials argued Friday that the HEA route is more likely to hold up against that doctrine. He invoked the so-called “major questions doctrine,” which the court uses to require that Congress give clear authorization for the executive branch to implement matters of vast economic and political significance. When the Supreme Court struck down the program Friday, Chief Justice John Roberts wrote in the court’s majority opinion that the HEROES Act does not grant the authority to provide student debt relief. The new effort is grounded in the Higher Education Act (HEA), unlike the first effort rooted in the Higher Education Relief Opportunities for Students (HEROES) Act, which the administration argued they could use due to the national emergency established during the COVID-19 pandemic. ![]()
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