Washington— President Biden unveiled his administration’s plan after the Supreme Court invalidated his student loan relief program in a landmark 6-3 decision, disrupting a pivotal campaign promise. He affirmed his commitment to pursuing debt forgiveness through a “legally sound” alternative route. President Biden rejected claims of false hope and instead blamed Republicans for the demise …
Cardona, who condemned the Supreme Court’s ruling as detrimental to students and families nationwide, presented a scathing critique of the GOP. In his statement, he expressed his disbelief at Republicans in Congress and state offices who vehemently opposed a program that would have greatly benefited their own constituents. He highlighted their hypocrisy by pointing out …
President Biden announced a new strategy to provide relief for Americans burdened with college debt after the Supreme Court blocked his $430 billion student loan forgiveness program. In his televised remarks, the president assured that his plan will be “legally sound.” This comes after Biden’s statement saying, “This fight is not over,” immediately after the …
President Joe Biden announced on Friday that he will revisit his student debt relief plan, this time by utilizing the Higher Education Act. This comes after the U.S. Supreme Court rejected his initial proposal to forgive up to $20,000 per borrower. Speaking from the White House, Biden expressed his disagreement with the court’s decision, stating, …
Subject: Concerns and Communication in a Relationship Dear Therapist, It has been four years since my divorce, and I am a single parent to three children. As I have rebuilt my life, I have focused on working full-time, owning my own home, and securing my financial future. However, a year ago, I was diagnosed with …
In a letter addressed to President Joe Biden, Wisdom Cole, the National Director of Youth and College at the NAACP, and Derrick Johnson, the President of the organization, expressed their disappointment with the administration’s decision to restart federal student loan payments later this year. They argued that this move is a setback for Black Americans …
After more than a year of consistently increasing rates, the Federal Reserve decided to maintain its target federal funds rate on Wednesday. However, this offers little relief for households who continue to face high borrowing costs. Economist Tomas Philipson predicts that rates will not decrease and, in fact, borrowing costs are likely to climb even …
Financial experts predict that the Federal Reserve will temporarily halt its aggressive interest rate increases in its upcoming meeting. However, consumers are unlikely to see any relief, even with the pause. The central bank has implemented 10 interest rate hikes since last year, the fastest it has done so since the 1980s. Unfortunately, inflation has …