Education

The Biden administration has begun the process of creating a new plan for widespread loan cancellation and implementing the SAVE Plan, which will cut monthly payments to $0 for millions of borrowers. There will also be a 12-month “on-ramp” period to ease borrowers back into making payments.

For many borrowers, qualifying monthly payments that should have moved them closer to forgiveness were not accounted for, effectively forcing them to make extra payments under their IDR plans.

Nationwide, more than 45 million people owe $1.6 trillion in federal loans for college, according to government data, and as many as 43 million of them stood to benefit from the cancellation program.

Participants on Tuesday discussed “the growing chorus of diverse voices speaking out against politicians and their far-right supporters’ attempts to attack students’ freedom to learn.”

After more than eight months of debate, the Virginia Board of Education has reached a compromise and approved new guidance on what the Commonwealth’s students will learn in history and social studies classes from kindergarten through 12th grade.

Despite an ongoing review of the course ordered by Gov. Glenn Youngkin earlier this year, officials in Fairfax, Arlington, and Caroline counties have said that they plan to offer AP African American Studies in high schools next school year.

About 90% of the benefits from Biden’s plan will go to families earning less than $75,000 according to the White House, but a group of Republican-led states have sued to block it.

Last week, the Youngkin administration discovered that the estimates given by an online tool used to see how much funding each school district can expect to receive from the state were wrong. The error will most directly affect schools in poor, rural areas and comes as state lawmakers prepare to debate the state’s budget and…

Prior to this move, student loan debt—unlike credit card bills, medical bills, and most other forms of debt—was not eligible to be automatically wiped away when a person filed for bankruptcy.

In the past week, two separate courts controlled by conservative judges have ruled against the Biden administration’s plan to cancel tens of thousands of dollars in federal student loan debt for millions of borrowers, putting that relief in jeopardy.