Department of Education

President Biden's latest debt relief plan will forgive over $37 million in loans for students who attended the University of Phoenix.

Students are continuing to call on the Biden administration to take further action to cancel student loan debt.

Student loan debt started accruing interest again today after a three-plus year moratorium, with payments scheduled to resume in October.

One year ago, President Joe Biden said he wanted to cancel $10,000 of student loan debt per borrower. The Supreme Court blocked it.

The offer comes as the years-long moratorium on student loan payments is set to conclude.

"Today, thanks to my Administration's actions, 804,000 borrowers will start to see their debt canceled," Biden said on Monday.

More than 800,000 student loan holders are eligible for $39 billion in debt relief following a decision by a federal court on Monday.

Earlier this year, the U.S. Supreme Court struck down President Joe Biden's plan to cancel student loan debt for thousands of borrowers.

Foreign spending at America's universities is effectively a black hole.

More than 13,300 comments have been addressed to Education Secretary Miguel Cardona, all calling for the same thing.

The reinstatement of federal Pell Grants is a game-changer, not just for people who are incarcerated, but for their families, our communities, our economy, and our country as a whole.

"This Administration will not stop fighting to level the playing field in higher education," Education Secretary Miguel Cardona said.

The announcement of the new SAVE plan comes shortly after the U.S. Supreme Court struck down Biden's student debt cancellation program.

The Supreme Court's decision "heightened the urgency to investigate" donor and legacy preferences, a lawyer who helped file a new lawsuit told Newsweek.

The president announced ways his administration is pursuing debt relief "as fast as we can" after the Supreme Court overruled Biden's student loan relief plan.

Bankruptcy filings for student loan debt is an option, but more like a "Plan Z" strategy, according to one lending expert who spoke with Newsweek.

The Court's six conservative justices quoted Pelosi in their majority opinion that effectively shut down the student debt relief program.

Borrowers can seek relief with their loans under the Biden administration's income-driven repayment plans and a program for public sector employees.

A GOP senator and representative warn that the resumption of loan payments will lead to economic fallout and that federal officials are "ill prepared."

A nonprofit has sued the Department of Education for not releasing records related to incarcerated individuals who have student loan debt.

Book bans are features of totalitarian societies where reproduction, distribution and ownership of suppressed materials entail criminal punishment.

In 2020, student loan debt became the second-largest source of household debt in the U.S. "with an approximate $1.7 trillion outstanding," a new report said.

Among adults, virtue signaling seems very common here.

The Secretary of Education said his department was pressing ahead with plans to restart loan repayments, which are expected to begin again in the fall.

The Biden administration will find out this summer if a broader policy forgiving student loans for some 40 million Americans will go into effect.

The GOP-backed bill, which would ban sexually explicit material in schools, received support from 11 Democratic state representatives.

Hundreds of schools canceled in-person classes after a bomb threat was sent to roughly 40 districts across Indiana on Thursday night.

It would have been far better for the Biden administration to simply let the democratic process play out.

"The admin can still walk this back, and they should," said Representative Alexandria Ocasio-Cortez. "It's a disgrace."

"The idea that Florida is a lost cause, the idea that Florida is a red state is ridiculous," 19-year-old Zander Moricz told Newsweek.