President Joe Biden's plan to wipe thousands of dollars in student loan debt for millions of Americans will be at stake as the Supreme Court is set to hear arguments on Tuesday.
In August, the White House mapped out a roadmap to eliminate some debt for a swath of middle- and low-income Americans. Potentially, people making under $125,000 annually could have their student loans reduced by $10,000. Those who have received Pell Grant funds could have a total of $20,000 wiped off of their balance.
A national student loan repayment freeze had been enacted after President Donald Trump declared a national emergency at the start of the COVID-19 pandemic in March 2020. The freeze was then extended by Trump and Biden under the Higher Education Relief Opportunities for Students Act several times since.
An estimated 43 million Americans would benefit from the forgiveness plan if the court sides with the Biden administration. At least 26 million debt holders have already applied, with 16 million of them approved.
If the case is decided against the relief plan, borrowers would have 60 days after the decision to begin making payments — many of whom would be paying for the first time in three years. At the latest, payments could resume in August if a decision has not been reached by June 30.
Columnist and political analyst Jonathan Harris provided a full recap of Wednesday night's Republican presidential debate.
The U.S. military has grounded its fleet of Osprey V-22 aircraft a week after a deadly crash off the coast of Japan.
But even as he lashed Republicans for their stance, Biden stressed that he is willing to “make significant compromises on the border,” if that’s what it takes to get the package through Congress.
The four Republican presidential candidates debating Wednesday night mostly targeted each other instead of Donald Trump. Former United Nations Ambassador Nikki Haley took the brunt of the attacks as she gets more interest from donors and voters.
Word about McCarthy's future had been expected the approach of the filing deadline to seek reelection. His departure will leave the already paper-thin House GOP majority even tighter, with just a few seats to spare.
Russian President Vladimir Putin began a rare overseas trip that will include a meeting with Saudi Arabia's crown prince, Mohammed bin Salman.
The State Department said Tuesday that Russia rejected its proposed offer to release detained Americans Paul Whelan and Evan Gershkovich.
The Justice Department has announced war crime charges against four Russian nationals in connection with the invasion of Ukraine.
Iran said it sent a capsule that is capable of carrying animals into space.
The Senate has confirmed the promotions of hundreds of military officers after Republican Senator Tommy Tuberville dropped his months-long hold over the process.
