Republicans took to Twitter to applaud the Supreme Court while Democrats chided President Joe Biden for not doing more after Friday’s ruling striking down the president’s debt forgiveness program. Robert F. Kennedy Jr, who has announced his intent to run against Biden in the 2024 primaries for the Democratic presidential candidate, joined voices criticizing Biden after…
Student Debt Forgiveness Won’t Cure Higher Ed’s Disease
March 14, 2023
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Commentary On Feb. 28, the Supreme Court heard arguments on President Biden’s plan to extinguish an estimated $400 billion in student debt. Biden deserves credit for highlighting a debilitating federal program in desperate need of reform. His proposal, however, would make the problem far worse, not better. Any serious reform would force academic institutions to…
LIVE NOW: Supreme Court Hears Arguments About Cancellation of Student Loan Debt
February 28, 2023
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U.S. Supreme Court hears arguments in two related cases from 9:30 a.m. ET on Feb. 28 on President Joe Biden’s plan to cancel up to $10,000 in federal student loan debt. …
Supreme Court Hears Arguments About Cancellation of Student Loan Debt
February 28, 2023
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canceleconomyEducation & Family NewsEpochTVEpochTV LiveLive VideosPolicies & ImpactsSocial Issuesstudent loan debtSupreme CourtUSUS NewsVideo
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U.S. Supreme Court hears arguments in two related cases from 10 a.m. ET on Feb. 28 on President Joe Biden’s plan to cancel up to $10,000 in federal student loan debt. …
LIVE 9:30 AM ET: Supreme Court Hears Arguments About Cancellation of Student Loan Debt
February 28, 2023
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canceleconomyEducation & Family NewsEpochTVEpochTV LiveLive VideosPolicies & ImpactsSocial Issuesstudent loan debtSupreme CourtUSUS NewsVideo
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U.S. Supreme Court hears arguments in two related cases from 9:30 a.m. ET on Feb. 28 on President Biden’s plan to cancel up to $10,000 in federal student loan debt. …
Shopping Spree 101: How Refunds of Federal Loan Overpayments Leave Student Borrowers With Your Money to Burn
For many college students, one of the most exciting events in a new semester is not listed on their school’s calendar: Refund Day. Although the day differs on various campuses, the windfall result is the same: That’s when the millions of students currently taking out federal college loans find out how much of their approved…
Will Forgiven Student Loan Debt Be Taxable?
By Kelley R. Taylor From Kiplinger’s Personal Finance Question: I’m hopeful that my student loan debt will be forgiven if President Biden’s plan makes it through court challenges. But if it does, am I going to be hit by a tax bill? Answer: That depends on where you live. Student loan debt that’s canceled under…
Student Debt Is Not the Problem. The Higher Education Cartel Is.
Commentary To the extent he thinks about it, Joe Biden is probably expecting to be canonized by millennials whose student-loan debt he’s paring down. Depending on how the question is asked, though, the move is not popular. In a Trafalgar Group poll released on Sept. 12, more than half of likely voters—55.6 percent—and 64.6 percent…
Congressional Records Prove Biden’s Student Loan Cancellations Are Illegal
News Analysis Overview On the day before President Biden announced that he is “forgiving” part or all of the student loans of nearly everyone who owes them, his administration released a legal memo declaring that he had the authority to do this under a 2003 law. That claim is belied by Congressional records recently unearthed…
Economist Calls Biden Administration Student Debt Relief a ‘Redistribution Scheme’
September 16, 2022
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With U.S. prices higher than expected in all areas including food, shelter, and gas, the Biden administration’s student debt relief plan is really a “redistribution scheme” that will further fuel inflation, according to Vance Ginn, economist and founder of Ginn Economic Consulting. The plan is “what I’ve really been calling a redistribution scheme from those…
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