How Biden Wants to Trim a Mountain of Student Debt | Bloomberg
Among the economic issues facing the new Biden administration is how to help alleviate the weight of $1.7 trillion in student debt, a figure that had ballooned from $1 trillion in 2012.
Judge: By Resigning, DeVos Opens Door to Deposition on Student Debt Relief | Courthouse News Service
As a cabinet official, Education Secretary Betsy DeVos was virtually immune to demands that she be grilled about long delays and mass denials of student debt relief claims in a pending lawsuit. When she resigned from office last week, that changed.
Betsy DeVos Stalled Obama’s Student Loan Relief Program. Borrowers Hope Biden Will Fix It | CNN
Just before President Barack Obama left office, he made it easier for students defrauded by for-profit colleges to apply for the federal debt relief they had long been entitled to. But the Trump administration, which disagrees with the policy, allowed a massive backlog of more than 200,000 claims to pile up — leaving some borrowers waiting throughout the entire administration to hear whether they’ll get a break.
Student Loan Cancellation Sets Up Clash Between Biden and the Left | New York Times
President-elect Joseph R. Biden Jr. is facing pressure from congressional Democrats to cancel student loan debt on a vast scale, quickly and by executive action, a campaign that will be one of the first tests of his relationship with the liberal wing of his party.
‘This Feels Like the Closest We’ve Ever Been.’ Why Growing Demands for Student Debt Forgiveness Could Be Joe Biden’s First Presidential Test | Time
Roughly two months out from Inauguration Day, Joe Biden is already facing a brewing political storm among his ideologically-diverse base of supporters, who disagree over the issue of student loan forgiveness.
Biden promises some student loan forgiveness. Student borrowers hope he delivers | NBC News
For almost 15 years, Trygve “Spike” Magelssen says he faithfully paid down his student loans each month, slowly chipping away at the original debt of $53,000, even as medical bills, a home improvement loan and other costs left him “financially up against a wall.”
In Victory For Borrowers, DeVos Agrees To Stop Issuing Mass Denials Of Loan Forgiveness Applications | Forbes
Student loan borrowers scored a victory in court this week against Education Secretary Betsy DeVos, as litigation continues over mass denials of student loan forgiveness applications. The case, Sweet v. DeVos, concerns the troubled Borrower Defense to Repayment program.
What Joe Biden Means For Your Student Loans | Buzzfeed News
It was once an idea so far on the fringe that no major politician endorsed it. Then it was the pipe dream of far-left progressives. Now a push for President-elect Joe Biden’s administration to single-handedly cancel billions of dollars in student debt has taken hold in increasingly large segments of the Democratic Party, raising a real possibility, for the first time, that broad swaths of Americans may see some of their student loan debt wiped away.
How the Biden Administration Can Free Americans from Student Debt | The New Yorker
On September 2nd, the anthropologist and activist David Graeber died unexpectedly, while on holiday in Venice. David, who was my friend and collaborator for more than a decade, was best known for his groundbreaking study “Debt: The First 5,000 Years,” from 2011.
Can Joe Biden Forgive Student Debt Without Congress? Here’s What the Experts Say | CNBC
It’s a pressing question not just for higher-education experts and legal wonks. Tens of millions of Americans have a lot riding on the answer: Can the president forgive student debt without Congress?