{"id":1972854,"date":"2023-07-14T09:03:05","date_gmt":"2023-07-14T13:03:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-announces-39-billion-in-student-debt-relief-after-supreme-court-strikes-down-last-plan\/"},"modified":"2023-07-14T09:03:42","modified_gmt":"2023-07-14T13:03:42","slug":"biden-administration-announces-39-billion-in-student-debt-relief-after-supreme-court-strikes-down-last-plan","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-announces-39-billion-in-student-debt-relief-after-supreme-court-strikes-down-last-plan\/","title":{"rendered":"Biden admin unveils $39B student debt relief post Supreme Court&#8217;s rejection of previous plan."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-administration-announces-39-billion-in-student-debt-relief-after-supreme-court-strikes-down-last-plan%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1972854&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Over 800,000 Student Loan Borrowers to Have Debt Cleared<\/h2>\n<p>Exciting news for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fmr-white-house-economic-adviser-kudlow-slams-sen-warrens-wealth-tax\/\" title=\"Fmr. White House economic adviser Kudlow slams Sen. Warren\u2019s wealth tax\">student loan borrowers<\/a>! In the coming weeks, more than 804,000 individuals will have their debt cleared, eliminating a staggering $39 billion in payments. This incredible relief is made possible by a fix to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-to-allow-40k-borrowers-to-have-student-loans-eligible-for-public-service-loan-forgiveness-program\/\" title=\"Biden Admin to Allow 40k Borrowers to Have Student Loans Eligible for Public Service Loan Forgiveness Program\">income-driven repayment plans<\/a>, as announced by the Biden administration on Friday.<\/p>\n<blockquote>\n<p>&#8220;For far too long, borrowers fell through the cracks of a broken system that failed to keep accurate track of their progress towards forgiveness,&#8221;<\/p>\n<p>&#8211; Education Secretary Miguel Cardona<\/p>\n<\/blockquote>\n<p>This announcement comes on the heels of the Supreme Court&#8217;s decision to strike down President Joe Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-administration-announces-39-billion-in-student-debt-relief-after-supreme-court-strikes-down-last-plan\/\" title=\"Biden admin unveils B student debt relief post Supreme Court's rejection of previous plan.\">ambitious student loan forgiveness plan<\/a>. Although that plan aimed to eliminate around $400 billion in student loans, the court ruled against it. However, President Biden wasted no time in promising additional action to address the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/democrats-push-for-student-debt-forgiveness-would-cost-taxpayers-millions\/\" title=\"Democrats push for student debt forgiveness, would cost taxpayers millions\">student debt crisis<\/a>, staying true to his campaign promises made in 2020.<\/p>\n<p>Stay tuned for more updates on this breaking story!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration revealed that over 804,000 student loan borrowers will see their debt erased soon. This fix to income-driven repayment plans will eliminate a staggering $39 billion in payments. The administration aims to rectify a flawed system that neglected borrowers for an extended period.<\/p>\n","protected":false},"author":1,"featured_media":1972855,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1972854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1972854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1972854"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1972854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1972855"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1972854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1972854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1972854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}