The Education Department's budget would be significantly reduced under Trump's 2020 budget.
President Donald Trump's budget proposal unveiled on Monday would slash funding for the U.S. Education Department by more than 10 percent.
The budget eliminates subsidized student debt, in which interest doesn't accrue on the loans while borrowers are in school or in economic hardship. It also reduces the number of repayment plans for borrowers and scratches the popular, if challenged, public service loan forgiveness program. The plan would narrow the numerous income-driven repayment plans, which caps people's bills at a percentage of their income, to just one. Under that option, students' monthly payments would be limited to 12.5 percent of their discretionary income, compared with 10 percent now.
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.
Trump Organization insurance broker subpoenaed by New York State Finance DepartmentThe New York State Department of Financial Services has opened an inquiry into the Trump Organization's insurance practices, sending a subpoena Monday to the company's longtime insurance broker, according to a person familiar with the matter.
Lire la suite »
Michael Cohen sues Trump Organization for legal fees incurred after turning on TrumpIn the lawsuit, Michael Cohen says he was part of an agreement with the Trump Organization that outlined the business would cover his legal expenses.
Lire la suite »
The ‘Czech Donald Trump’ Meets With Real Donald Trump in White HouseBillionaire Czech Prime Minister Andrej Babiš said that he wants to make the Czech Republic “great again” during a meeting between the two politicians.
Lire la suite »
Ivanka Trump 'conceivably, certainly' could be probed alongside other Trump family members, Jerrold Nadler saysHouse Judiciary Committee Chairman Jerrold Nadler told CNN Monday that Ivanka Trump, who was spared from an initial round of document demands that included her brothers, could 'conceivably, certainly' be added to the list in the future.
Lire la suite »
Trump towers over politics, but the 2020 Democratic campaign trail is a mostly Trump-free zoneThere's far less Trump bashing than you might imagine in the opening round of the 2020 presidential race, particularly from the lips of Democratic candidates who are trying something unusual: barely mentioning his name.
Lire la suite »
Trump Organization's insurance records subpoenaed by NY financial regulator as investigations widenTrump Organization insurance provider subpoenaed by New York Department of Financial Services, adding new investigation to the probes focused on Trump
Lire la suite »
House Democrats seek information on Trump and Putin communicationsThree House Democratic chairmen sent letters to the White House and the State Department requesting detailed information on communications between President Trump and Russian President Vladimir Putin
Lire la suite »
Trump picks U.S. attorney in D.C. for No. 3 Justice jobTrump is planning to tap the U.S. attorney in Washington, D.C., Jessie Liu, to fill the long-vacant No. 3 position at the Justice Department, the White House announced Tuesday
Lire la suite »
Top House appropriator: climate research, education top NASA budget prioritiesEarth science and education programs are two areas the Trump administration tried to cut in its fiscal 2019 budget request, although Congress eventually restored funding to those areas
Lire la suite »