Biden's student loan cancellation plans moves forward
Time:2024-05-21 06:42:32 Source:healthViews(143)
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:Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
Next:Adams, Reyna, Turner, Ream are US concerns ahead of Copa America
You may also like
- Kristin Cavallari, 37, ignores critics of her age
- Nadal drawn against Cobolli at Barcelona Open. Spaniard trying to return from injury
- Commentary: Competition should not be the leitmotif of China
- Xi Focus: Xi stresses achieving goals set for Chinese PLA centenary
- Nuggets blow 20
- Man City's Rodri on the bench against Luton after saying he needs 'a rest'
- Xiplomacy: Xi's vision on military cooperation for world peace, common development
- Nadal drawn against Cobolli at Barcelona Open. Spaniard trying to return from injury
- Nadal returns to Roland Garros to practice amid doubts over fitness and form