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.
Related articles:
Related suggestion:
Tensions simmer near a shoal both China and the Philippines claim — Radio Free AsiaCrew members injured in crash on set of Eddie Murphy movie 'The Pickup'Tensions simmer near a shoal both China and the Philippines claim — Radio Free AsiaUnitedHealth says wide swath of patient files may have been taken in Change cyberattackChicago woman convicted of killing, dismembering landlord, hiding some remains in freezerHundreds of German police subdue 'hooligans' in training exercise for Euro 2024Canadian police charge 2 former UN employees with conspiracy to sell military equipment in LibyaFormer MIT researcher who killed Yale graduate student sentenced to 35 years in prisonBoth bodies found five days after kayaks capsized going over a dangerous dam in IndianapolisTesla's first
3.618s , 6499.03125 kb
Copyright © 2024 Powered by Biden's student loan cancellation plans moves forward ,Stellar Stories news portal