Biden extends student loan repayment pause as debt cancellation placed on hold amid legal challenge
Tuesday, November 22, 2022 | Tag Cloud Tags: Biden, debt, Education, Fed, Joe Biden, News, Republican, Supreme Court, Twitter, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs!
(Worthy News) – President Joe Biden announced on Tuesday the extension of the pause on federal student loan payments as the courts determine the legality of his student loan cancellation plan.
The Twitter caption of the video posted on Biden’s official government account says, “I’m confident that our student debt relief plan is legal. But it’s on hold because Republican officials want to block it. That’s why [Education Secretary Miguel Cardona] is extending the payment pause to no later than June 30, 2023, giving the Supreme Court time to hear the case in its current term.”
In the video, Biden said, “Payments will resume 60 days after the pause ends.” [ Source: Just the News (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
Tag Cloud Tags: Biden, debt, Education, Fed, Joe Biden, News, Republican, Supreme Court, Twitter, Worthy News