The Biden administration announced on Friday that it will forgive $7.4 billion in student debt for 277,000 borrowers, marking the latest round of loan...
President Joe Biden greenlights additional student loan relief, extending assistance to 74,000 borrowers and waving off a substantial $4.9 billion in debt. This relief...
The U.S. budget deficit increased 23 percent to $1.7 trillion, an increase of $320 billion, in the year after the Biden administration pushed through the Inflation Reduction Act which it claimed would close the government’s funding gap.
Department of Education secretary Miguel Cardona criticized parents this week who protested against school boards concerning curriculum taught in American schools.
An analysis from the University of Pennsylvania's Penn Wharton Budget Model found that Biden's income-driven student loan repayment program may cost upwards of $559 billion over ten years.
Biden's earlier student debt relief plan, which proposed $10,000 debt relief for low-to-middle-income borrowers and $20,000 for Pell Grant recipients, was deemed unconstitutional by the Supreme Court in a 6-3 ruling.
