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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (1509583)	12/23/2024 10:07:13 PM
From: Broken_Clock	1 Recommendation Read Replies (1) of 1574757

Biden/Harris: Forgive death row murders ---check! People who they tried to buy off to vote for them--- Biden administration withdraws student loan forgiveness plans. What borrowers should know Published Mon, Dec 23 202411:17 AM ESTUpdated Mon, Dec 23 20242:46 PM EST Annie Nova Share Key Points The Biden administration has withdrawn two major plans to deliver student loan forgiveness to millions of Americans. Here’s what borrowers should know. U.S. President Joe Biden delivers remarks during the Tribal Nations Summit at the Department of the Interior in Washington, D.C., U.S., December 9, 2024. Elizabeth Frantz \| Reuters The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship. The combined policies could have reduced or eliminated the education debts of millions of Americans. The Education Department posted notices in the Federal Register on Friday that it was withdrawing the plans, weeks before President-elect Donald Trump enters the White House. The department wrote that it was terminating the rulemaking proceeding due to “operational challenges in implementing the proposals.” It said it would “commit its limited operational resources” in these final weeks of the administration “to helping at-risk borrowers return to repayment successfully.” The Education Department did not immediately respond to a request for comment.

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