The Education Department said it "intends to commit its limited operational resources to helping at-risk borrowers return to repayment successfully."
The Education Department effectively halts the regulations before the inauguration of Trump, who has voiced opposition to both
KEY TAKEAWAYS President Joe Biden's administration has scrapped a proposal to provide student debt relief to borrowers who experienced financial hardships.The Department of Education insisted the withdrawal was due to timing and the administration had the authority to administer this relief.
The Biden administration announced the cancellation of student debt for an additional 55,000 public service workers on Friday.
It's officially the end of the road for Biden's attempts to broadly cancel student debt.
President Joe Biden’s Department of Education dolled out over $1 billion in diversity, equity, and inclusion grants since 2021, a new Parents Defending Education report shows. Almost half, $489,883,797.
The Biden administration says it is canceling federal student loans for another 55,000 public service workers through an existing forgiveness program
The Biden administration is officially withdrawing its sweeping proposals to cancel student debt for tens of millions of Americans, effectively closing the door on mass loan forgiveness in the waning days of Joe Biden’s presidency.
President Joe Biden's administration has started to withdraw pending regulations that won't be finalized by the time he leaves office.
The House Ethics Committee report into former Rep. Matt Gaetz of Florida has been released, with the panel having “determined there is substantial evidence” that the former congressman and attorney general nominee violated a statutory rape law.
In a new document, Biden’s Department of Education said that it would not be issuing a regulation on trans athletes, and that it does “not intend for a final rule to be issued.”