The moratorium has been extended eight times under both the Trump and Biden administrations since March 2020, when it was put in place to help people struggling due to the COVID-19 pandemic.
It could be a pivotal week for millions of Americans waiting for word on President Biden's student loan forgiveness plan.
The lawsuit alleges that the pause harms nonprofit employers, like the Mackinac Center for Public Policy, that normally use a federal debt relief program for nonprofit workers to help recruit employees. The pause, they argue, reduces the incentive the federal program, known as Public Service Loan Forgiveness, provides borrowers to work for a nonprofit.
The Department of Education has maintained that the pause, as well as a proposed one-time debt cancellation plan, are legal. The administration has now tied the payment restart date to the litigation over the forgiveness program, which was heard by the US Supreme Court at the end of February.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Student loan pause extension 2023: Biden's forgiveness program faces another lawsuitThe moratorium has been extended eight times under both the Trump and Biden administrations since March 2020, when it was put in place to help people struggling due to the COVID-19 pandemic.
Lire la suite »
Student loan pause extension 2023: Biden's forgiveness program faces another lawsuitThe moratorium has been extended eight times under both the Trump and Biden administrations since March 2020, when it was put in place to help people struggling due to the COVID-19 pandemic.
Lire la suite »
The 2023 Mazda CX-50 vs. the 2023 Ford Bronco Sport: Which one is better?They're both comfortable in a grocery store parking lot or bounding down to a kayak launch. Let’s see how these two sport utility vehicles compare.
Lire la suite »
Hundreds of student athletes compete in the 2023 Special Olympics in Baldwin CountyIn past years due to COVID the event was split into two days. This year the event was bigger than ever.
Lire la suite »
🔒Celebrate National Student-athlete Day with us by sharing your student to Click2PinsHow proud are you of your student-athlete? Share them on Click2Pins for a chance to be featured on National Student-athlete Day April 6! ⚾⛹️♂️🏈🤽♀️ NationalStudentAthleteDay Insiders Click2Pins
Lire la suite »
What Freelancers Need To Know About Student Loan ForgivenessDespite Biden’s efforts to forgive some student loans, change is tricky and slow.
Lire la suite »