Keyword: forgiveness
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For Joe Biden, it's got to be maddening.Day after day, he cooks up another legally questionable student loan forgiveness program, announces it to much fanfare to a fawning media, and all he gets for it is young people moving to vote for President Trump.According to Politico:Polls show former President Donald Trump is ascendant with the youngest bloc of the electorate, even leading President Joe Biden in some surveys, as less-engaged young voters spurn Biden. Meanwhile, Biden is stronger with seniors than he was four years ago, even as his personal image is significantly diminished since he was elected last time.That...
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The Biden administration will soon roll out a sweeping new student loan forgiveness proposal that could impact millions of Americans. Despite its smaller scope than President Joe Biden’s first education debt relief plan that the Supreme Court ultimately blocked, this new aid package could still forgive the debt for as many as 10 million Americans, according to one rough estimate by higher education expert Mark Kantrowitz. Biden is planning to provide details of his new debt forgiveness plan during a speech Monday in Madison, Wisconsin, The Wall Street Journal reported on Friday. The president likely wants to start forgiving debt...
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Many people, including Christians, view the Resurrection only as a great historical event. They pause once a year to reverently remember the death and resurrection of Christ. However, the resurrection is also a force, a power that belongs only to God. The death and resurrection of Jesus was much more than just something that happened one time. It was an historic demonstration of God’s attitude and power. When we come to a place where we die to our own dreams and preferences and possessions and agendas – when we let it all fall into the ground and just pass...
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(Read three articles free every month if you register) At the turn of the twentieth century, Saturday Evening Post editor and Yale dropout George Lorimer bitingly summed up academia when he said “colleges don’t make fools, they only develop them.” On the heels of yet another multibillion-dollar Biden administration college bailout, it seems we haven’t learned the lesson: colleges might not make fools, but they’re certainly trying to make fools of us. The bailout projects come from a Biden campaign promise: “I will eliminate your student debt.” Half-slogan, half-bribe, this resonated with millions burdened by the unpayable debt brought on...
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President Joe Biden Wednesday said he would never stop fighting for hardworking Americans as he put the spotlight on his debt cancellation efforts and ramps up his reelection campaign. He slammed MAGA Republicans and said even the Supreme Court could not stop him for helping hundreds of thousands of people saddled with years of debt. And he said he was not worried about further court challenges to his massive forgiveness program.
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The Biden administration released its proposal for which struggling borrowers should qualify for its new student loan forgiveness plan. It said that receiving a Pell Grant, a disability and age could be factors signaling hardship.
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President Joe Biden announced on Friday that his administration was canceling nearly $5 billion in student loans impacting nearly 74,000 borrowers. Most of the forgiveness goes to 44,000 borrowers who have spent more than 10 years in public service working as teachers, nurses, firefighters and other positions, while the remaining 30,000 are borrowers who have been in repayment for at least 20 years without receiving relief, the White House said.
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In this episode of Joe Biden's World...As the mountain of evidence continues to grow that Joe Biden has likely been an international shake-down artist for decades, word now comes that White House Counsel Stuart Delery, whom the embattled president calls a "trusted adviser," is leaving the administration, as the GOP investigations continue to heat up.In a Thursday statement from the White House, Biden called Delery a "trusted adviser and a constant source of innovative legal thinking since Day One of my Administration.""Innovative legal thinking." We'll get back to that.Biden (his handlers, no doubt) also said:From his work during those early...
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The NAACP is “disappointed’ that the Biden Administration is ending the pause on student loan repayments. Isn’t that just too bad?“The resolution of the debt ceiling crisis is one we wholeheartedly welcomed and we appreciate all that went into debt ceiling negotiations. However, we are disappointed that the needs of Black communities have suffered from the negotiated agreement that will erode economic progress for Black Americans,” Wisdom Cole, the NAACP’s national director of youth and college, and Derrick Johnson, the group’s president, say in the letter.“It is disappointing that narrowing the racial wealth gap was not given a higher priority,”...
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The Senate voted to overturn President Joe Biden’s student loan forgiveness program Thursday in a symbolic rebuke of the plan that would partially forgive debts of an approximately 40 million borrowers—but despite picking up a few Democratic supporters, the GOP-backed legislation is doomed to fail as Biden has vowed to veto it. The Senate voted 52-46, with Democratic Sens. John Tester (Mont.) and Joe Manchin (W.Va.), along with independent Sen. Kyrsten Sinema (Ariz.), joining Republicans. The vote came less than a week after the GOP-controlled House passed the same measure 218-203, with moderate Reps. Jared Golden (D-Maine) and Marie Gluesenkamp...
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The New Testament is the story of stories, and it starts off all wrong. Most adventure stories begin with the wondrous “Once upon a time”, but Matthew starts his book with a genealogy. Why in the world would he do that? The greatest story ever told starts like a phone book with a long list of unpronounceable names. This is important, though. What makes this list amazing is that some names belong to people who had sketchy pasts. One of these names is Rahab from the Old Testament book of Joshua whose act of saving Hebrew spies got her inducted...
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The Education Department on Monday said over 615,000 student-loan borrowers have had debts forgiven through the Public Service Loan Forgiveness program since October 2021 due to policy changes made by the Biden administration. The government has forgiven a total of $42 billion in loans for public servants since October 2021, the department said. "This is a result of the temporary [Public Service Loan Forgiveness] changes made by the Biden-Harris Administration that made it easier for borrowers to reach forgiveness," the department also said. Under the Trump administration, 7,000 borrowers were approved for the forgiveness program
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The U.S. Supreme Court has heard different arguments from supporters and opponents of President Joe Biden’s student debt forgiveness program. It is probable that the justices will rule before June. However, it is important to remember a few challenges.Student loans are an essential tool to help maximize the number of citizens that have access to the best and most exclusive tuition. American universities are among the top in the world and high-quality tuition comes with an elevated cost. To help the disadvantaged access top universities it is important to have a thriving and affordable loan system, a solid grant program...
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I am vehemently opposed to Joe Biden’s illegal assumption of the power to force taxpayers to assume the burden of student loan repayments on college tuition obligations voluntarily entered into. It’s wrong constitutionally, and it’s wrong morally to force other people to pay for services to others that only a minority receive. Besides, higher education has devolved into a brainwashing arm of the hard left and has lost all claim to be a general public benefit. The education cartel has abused the public with tuition escalating at three times the rate of general inflation for about half a century now,...
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The Supreme Court is poised to hear back-to-back oral arguments for two student loan-related cases on Tuesday, in what could be the final hurdle for the Biden administration’s student loan forgiveness plan. In August, President Joe Biden announced a program that would forgive up to $20,000 in debt for borrowers with federally held student loans, impacting more than 40 million borrowers. Applications for the program opened in October, but a federal judge in Texas put the program on hold in November, ruling that the program was “unlawful.” In both of the cases heading to the Supreme Court, Biden v. Nebraska—a...
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President Joe Biden’s sweeping plan to partially forgive student loans will likely receive a cool reception when the Supreme Court hears challenges to the program on Feb. 28, legal experts told The Epoch Times.Pacific Legal Foundation attorney Caleb Kruckenberg (courtesy Pacific Legal Foundation)Biden introduced the plan in August 2022 in a move that critics decried as a constitutionally dubious attempt to shore up Democrats’ fortunes ahead of the November 2022 congressional elections. While the Congressional Budget Office said the plan could cost about $400 billion, the Wharton School at the University of Pennsylvania estimates the price tag could exceed $1...
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A federal court vacated the Biden administration’s $400 billion student loan forgiveness plan on Thursday, calling it “an unconstitutional exercise of Congress’s legislative power.” Unfortunately, by the time the decision was handed down, the real goal of the gimmick had already been achieved; Gen Z and millennials turned out in droves on Election Day to turn the “red wave” into a “red trickle.”We’ve long known that the politicians who support this scheme don’t give a damn about the moral implications of using taxpayer money to pay off debt that college students freely chose to take on. Sen. Elizabeth Warren, D-Mass.,...
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Life comes at you fast. On Thursday, Supreme Court Justice Amy Coney Barrett decided not to get involved with Joe Biden’s student loan forgiveness scheme, denying a Wisconsin group’s bid to block the order. That had liberals spiking the football, suggesting that it wouldn’t be possible for anyone to gain standing to challenge the president’s move.Things shifted quickly on Friday, though. The 8th Circuit has now put an administrative stay in place, stopping Biden from moving forward with any cancellation of student debt.U.S. appeals court temporarily blocks Biden's student loan forgiveness plan https://t.co/dCIDJyjOxn pic.twitter.com/EwBKT2kIqd— Reuters (@Reuters) October 21, 2022Six different...
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<p>Joe Biden is doing all he can to detach the cost of an education from the value of an education.</p><p>Amid the stir caused by President Joe Biden’s plan to cancel student loan debts, far too little attention has been paid to another far-reaching reform: the administration’s change to a lending program known as income-driven repayment (or IDR). If widely applied, Biden’s proposal would provide additional relief to millions of borrowers — and make the U.S. student loan system even costlier and more dysfunctional than it already is.</p>
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The Biden administration’s sweeping effort to provide widespread student loan forgiveness for some Americans will cost about $400 billion, according to new reporting by Congress’ nonpartisan budget scorekeeper. The estimate applies to the plan Biden announced last month to forgive $10,000 in federal student loan debt for borrowers earning under $125,000, and $20,000 for borrowers who received Pell Grants. The CBO said 43 million borrowers shared $1.6 trillion in federal student loan debt, as of June 30. Under Biden’s plan, about $430 billion of that debt will be wiped out, the reporting shows. The CBO also estimated the costs for...
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