Category: student debt

When Student Debt Comes Home to Roost and Fast Track Mortgage Payoff

Dear Mary: Several years ago I decided to become a medical transcriptionist. I had no knowledge how school loans work and signed a student loan from Sallie Mae for $7,000 with a 12-month deferment on payments. It took 15 months to finish school, so my payments started before finishing. I am still paying $134 a…


NTD Good Morning (Dec. 1): Illegal Immigration Could Double When Title 42 Ends; Bid to Revive Student Debt Relief Plan Rejected

Title 42 ends in three weeks. What effect will it have on the number of illegal border crossings? Biden’s student debt relief plan hits another major roadblock. Find out the current status of the program in limbo. Former Chinese communist party leader Jiang Zemin is dead. Many Chinese say he should have been brought to…


NTD Good Morning (Dec. 1): Former CCP Leader Jiang Zemin’s Bloody Legacy; Illegal Immigration Could Double When Title 42 Ends

Former Chinese communist party leader Jiang Zemin is dead. Many Chinese say he should have been brought to Justice for his persecution of spiritual groups. We spoke to an expert to hear more. Title 42 ends in three weeks. What effect will it have on the number of illegal border crossings? Biden’s student debt relief…


Biden’s Embattled Student Debt Forgiveness Program Draws Mounting Criticism

President Joe Biden’s student debt forgiveness program is set to billions of dollars in loans, but whether it’s fair to saddle others with these debts, and whether the Supreme Court will let them, is far from settled. The Biden administration on Nov. 18 asked the U.S. Supreme Court to reinstate the program after a lower…


Biden Admin Rolls out ‘Easier’ Process for Student Loan Borrowers to Discharge Debt in Bankruptcy

The Department of Justice on Nov. 17 announced a new process that it says will make it easier for individuals struggling with their student loan debt to discharge it in bankruptcy. “The new process will help ensure consistent treatment of the discharge of federal student loans, reduce the burden on borrowers of pursuing such proceedings and…


Biden Falsely Claims Student Debt Forgiveness Program Was Approved by Congress

President Joe Biden has falsely said that his administration’s new student debt relief program was approved by Congress as a piece of legislation. “It’s passed,” Biden said. “It passed by a vote or two.” The program, which provides up to $20,000 in relief to tens of millions of student debt holders, was an action by…


Capitol Report (Oct. 21): Pentagon Will Fund Travel, Other Expenses for Abortions; Bannon Sentenced to 4 Months in Prison

Former President Donald Trump says 15 of the documents seized from Mar-a-Lago are his personal property. And the House Jan. 6 committee is subpoenaing Trump. President Joe Biden is again touting deficit reduction and student debt forgiveness. It comes as Republicans are vowing to fight excessive spending if they reclaim the majority. Florida’s surgeon general…


Biden’s Student Debt Relief

Commentary President Joe Biden has offered student debtors some relief. Legal challenges question whether he has the authority to make such a financial commitment. However, even if the White House prevails in court, arguments pro and con will still matter, especially as the nation approaches this year’s midterm elections and the 2024 presidential contest. Here…


Judge Rejects Challenge to Biden Administration’s Student Debt Relief Program

A federal judge on Oct. 20 rejected a legal challenge to the Biden administration’s student debt relief program. Missouri and five other states that sued the government over the program do not have standing, U.S. District Judge Henry Edward Autrey, a George W. Bush appointee, ruled. The complaint centered in part on the alleged harms that the…


Biden Administration Unveils Application for Student Debt Cancellation as Legal Challenges Loom

President Joe Biden’s administration has released applications for people seeking up to $20,000 in student debt relief as the government moves forward with the scheme after surviving initial court challenges. The administration has published the application form, which has boxes for information such as name, social security number, and date of birth. Biden and Education…