Legislators Are Trying to Block Devos’ Rule on Student Loan Forgiveness—Here’s What You Need to Know | Newsweek
The House of Representatives will vote on a resolution that could stop Education Secretary Betsy DeVos’ borrower defense rule from going into effect, and supporters of the measure say it’s time for legislators to choose a side. Senators will now have a chance to go on the record: Are you with the students or the predatory industry that defrauded them with worthless degrees and a lifetime of debt?” Senator Dick Durbin said in a statement introducing the resolution in September.
Elizabeth Warren says her plan to eliminate student loan debt can bypass Congress | CNBC
Democratic presidential contender Sen. Elizabeth Warren said Tuesday that she would begin to forgive student loan debt on the first day of her administration, using legal tools that would allow her to bypass Congress. The announcement, which comes just weeks before voting begins in the first primary and caucus states, adds urgency to legislation she introduced over the summer to cancel the bulk of the nation’s outstanding student loan debt.
Warren Says Federal Power To Forgive Student Loans Already Exists | WGBH
Sen. Elizabeth Warren has added details to her far-reaching plan to forgive college student debt and called for an investigation of racial disparities in how much students borrow. The update outlines how she would implement her campaign proposal to cancel up to $50,000 in debt for 42 million people. Her proposed wealth tax on the 75,000 richest families, the campaign has said, would cover the cost.
Warren Vows To Cancel College Debt Without Awaiting Congress | WBUR
Presidential candidate Elizabeth Warren says she’d order her secretary of education to cancel up to $50,000 in college debt for about 95% of student borrowers on her first day in office, effectively erasing outstanding loans for about 42 million Americans.
Elizabeth Warren Said She Would Start Canceling Student Loan Debt On Her First Day As President | BuzzFeed
Sen. Elizabeth Warren will start to cancel student loan debt from the first day she takes office if she’s elected president, she said Tuesday, arguing that existing law would give her administration the power to wipe out student debt — without the need to pass a broad loan forgiveness bill in Congress.
Elizabeth Warren Says She’ll Cancel Student Loan Debt With or Without Congress’ Permission | Slate
Elizabeth Warren said on Tuesday that, if elected president, on day one in office she would direct the Department of Education to begin canceling the bulk of America’s student debt without waiting for legislation from Congress, a dramatic promise that could thrust loan forgiveness into the center of the Democratic primary’s policy debates.
Warren Promises to Cancel Student Loan Debt Using Executive Powers | Politico
Sen. Elizabeth Warren (D-Mass.) said Tuesday that she would take executive action to cancel most student loans, vowing to sidestep Congress to accomplish a progressive goal that faces stiff opposition from Republicans and even some moderate Democrats.
DeVos and Education Dept. could face new sanctions for violating a court order | The Washington Post
A federal judge is weighing higher fines for the Education Department after the federal agency disclosed that it pursued scores of additional borrowers for debt collection — violating a court order.
Corinthian Colleges Students Want Education Dept. to Face Additional Sanctions for Violating a Court Order | Washington Post
Former Corinthian Colleges students are asking a federal judge to impose higher fines against the Education Department after the agency disclosed it pursued scores of additional borrowers for debt collection in violation of a court order.
Betsy DeVos: Income to Decide Education Loan Fraud Forgiveness | Ask the Truth
Overburdened by education loan is a common narrative associated with almost every other student in the US, but what seems tough, is about to get tougher. As per the new plan unveiled by the US Education Department, students who are cheated by their colleges will receive full loan forgiveness, only if they end up earning far less than their peers.