* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, August 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

    Future Script: How Generative AI Is Changing Collective Bargaining in the Entertainment Industry – Jackson Lewis

    Future Script: How Generative AI Is Transforming Collective Bargaining in Entertainment

    The SBA’s live-entertainment bailout was supposed to end two years ago. We still don’t know how $1.5 billion was spent. – Yahoo Home

    $1.5 Billion Live-Entertainment Bailout: Two Years Later, Where Did the Money Go?

    Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, Boyd – CDC Gaming

    Top Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, and Boyd Take Center Stage

    Micro wrestling coming to NE Ohio – Cleveland.com

    Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Revving Up The U.S. Technology Engine – Forbes

    Revving Up The U.S. Technology Engine – Forbes

    More than just a hockey player – Rochester Institute of Technology Athletics

    Beyond the Ice: The Inspiring Journey of a Remarkable Athlete from Rochester Institute of Technology

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Sens. Blackburn, Warnock introduce CREATE Act to provide tax relief to music creators – Yahoo Home

    Sens. Blackburn and Warnock Launch CREATE Act to Deliver Tax Relief for Music Creators

    That’s (Political) Entertainment: When Theatre Meets Politics

    Future Script: How Generative AI Is Changing Collective Bargaining in the Entertainment Industry – Jackson Lewis

    Future Script: How Generative AI Is Transforming Collective Bargaining in Entertainment

    The SBA’s live-entertainment bailout was supposed to end two years ago. We still don’t know how $1.5 billion was spent. – Yahoo Home

    $1.5 Billion Live-Entertainment Bailout: Two Years Later, Where Did the Money Go?

    Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, Boyd – CDC Gaming

    Top Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, and Boyd Take Center Stage

    Micro wrestling coming to NE Ohio – Cleveland.com

    Get Ready, NE Ohio: Micro Wrestling Is Making Its Exciting Debut!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

    How Robotic Technology is Revolutionizing Knee Replacement Surgery

    Cognizant Technology Solutions Corp (CTSH) Q2 2025 Earnings Call Highlights: Strong Revenue … – Yahoo.co

    Cognizant Q2 2025 Earnings: Impressive Revenue Growth and Key Takeaways

    Revving Up The U.S. Technology Engine – Forbes

    Revving Up The U.S. Technology Engine – Forbes

    More than just a hockey player – Rochester Institute of Technology Athletics

    Beyond the Ice: The Inspiring Journey of a Remarkable Athlete from Rochester Institute of Technology

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    Smart Logistics in Warehousing – From Legacy Protocols to Green IoT – How Technology Is Reshaping the Sustainable Supply Chain – Logistics Viewpoints –

    AI’s race in the dark with China – Axios

    The High-Stakes AI Race: Innovation and Competition in the Shadows

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

Student Loan Update: Biden Challenged Over Cost to Taxpayers

May 22, 2024
in General
Student Loan Update: Biden Challenged Over Cost to Taxpayers
Share on FacebookShare on Twitter

Republican lawmakers are calling on President Joe Biden’s administration to withdraw its plan to waive $147 billion of student loan debt, arguing that it would be too costly for taxpayers.

The lawmakers, led by Senator John Kennedy, Senator Bill Cassidy and Representative Virginia Foxx, released a statement urging the Department of Education to withdraw the rule.

They said that the move would bring the total debt transferred to American taxpayers to around $1 trillion.

The proposed rule, published in April, seeks to amend the Higher Education Act of 1965, and would enable the provision of targeted debt relief.

“The Biden administration describes this regulation as ‘targeted relief,’ yet the department’s own estimates show the opposite,” the lawmakers said in the statement.

“This is even broader than the department’s first attempt: at an estimated price tag of $147 billion, taxpayers are being forced to take on the debt of nearly 28 million borrowers.”

Newsweek has reached out to the Department of Education via email.

The Republican letter was signed by 40 senators and more than 90 members of the House of Representatives.

The lawmakers described the move as a “backdoor attempt to enact ‘free’ college” and said it was “fiscally irresponsible.”

They further claimed that the proposed actions are illegal, referencing a 2023 Supreme Court ruling which said that Biden did not have the authority to cancel student debt for millions of Americans.

“The administration continues to use borrowers as political pawns, knowing full well these proposed actions are illegal. The Supreme Court [made] it abundantly clear that there is zero authority to write-off federal student loans en masse last June when the department’s ‘Plan A’ was ruled unconstitutional,” the statement said.

Despite the Supreme Court ruling, Biden has continued to look for ways to deliver student debt relief, which was a key campaign pledge.

In total, nearly $160 billion in student loan debt for about 4.6 million borrowers has been forgiven under Biden.

The Republican letter further criticized the Biden administration for focusing on trying to cancel student loans instead of making the Free Application for Federal Student Aid available to prospective college students.

Biden student debt
President Joe Biden at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Republican lawmakers oppose a Biden administration plan to waive $147 billion of student loan debt.

ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

The Republican lawmakers urged the Biden administration to work with Congress to solve “the higher education financing crisis.”

Around 43 million Americans hold federal student loan debt with a total national balance of over $1.6 trillion as of 2023, according to the Department of Education.

U.S. Secretary of Education Miguel Cardona has said that the Biden administration is “unapologetically fixing a broken student loan system.”

Republican-led states have resisted the president’s administration’s student loan repayment plans, with some even filing a federal lawsuit in April challenging Biden’s SAVE Plan.

Uncommon Knowledge

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Newsweek – https://www.newsweek.com/student-loan-biden-republican-challenge-1903058

Previous Post

Mystery of Dinosaurs Developing Feathers Partially Solved

Next Post

What is hypertrophic cardiomyopathy?

Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

How Robotic Technology is Revolutionizing Knee Replacement Surgery

August 1, 2025
Carlos Correa trade grades: Astros score ‘A’ for stunning deadline deal, Twins get their salary dump – CBS Sports

Carlos Correa Trade Grades: Astros Land an ‘A’ for Blockbuster Deadline Deal, Twins Successfully Shed Salary

August 1, 2025
‘Enough is enough,’ say Global South bishops in climate letter – U.S. Catholic

Enough is Enough’: Global South Bishops Deliver Urgent Plea for Bold Climate Action

August 1, 2025
Science Central names new executive director – 21Alive

Science Central Welcomes New Executive Director to Lead Exciting Future

August 1, 2025
Citizen Scientists Are Accelerating Ecology Research, Study Suggests – The New York Times

Citizen Scientists Are Accelerating Ecology Research, Study Suggests – The New York Times

August 1, 2025
I tried Beyoncé’s brutal pre-Coachella vegan diet—and here’s the unfiltered truth – VegOut

I tried Beyoncé’s brutal pre-Coachella vegan diet—and here’s the unfiltered truth – VegOut

August 1, 2025
U17 World Wrestling Championships: Day 3 Live Results – United World Wrestling

U17 World Wrestling Championships Day 3: Live Action and Results

August 1, 2025
New GDP data leads Trump to change his mind about blaming Biden for the economy – MSNBC News

New GDP Figures Force Trump to Rethink Blaming Biden for Economic Woes

August 1, 2025
‘Soft summer’ in Las Vegas, says one of Strip’s largest operators – Las Vegas Review-Journal

Las Vegas Braces for a “Soft Summer,” Warns Leading Strip Operator

August 1, 2025
‘Industry turf war’ or ‘public health crisis’? Federal push to regulate kratom fuels debate in California. – Politico

Is California at a Crossroads: Industry Turf War or Urgent Public Health Crisis in the Kratom Debate?

August 1, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (748)
  • Economy (773)
  • Entertainment (21,652)
  • General (16,222)
  • Health (9,810)
  • Lifestyle (781)
  • News (22,149)
  • People (775)
  • Politics (782)
  • Science (15,986)
  • Sports (21,270)
  • Technology (15,752)
  • World (756)

Recent News

Emory orthopaedic surgeons use robotic technology to transform knee replacement surgery – Emory News Center

How Robotic Technology is Revolutionizing Knee Replacement Surgery

August 1, 2025
Carlos Correa trade grades: Astros score ‘A’ for stunning deadline deal, Twins get their salary dump – CBS Sports

Carlos Correa Trade Grades: Astros Land an ‘A’ for Blockbuster Deadline Deal, Twins Successfully Shed Salary

August 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version