#studentloan — Public Fediverse posts

After stalling #Biden era $180 Billion #StudentLoan forgiveness program, a court challenge by American Federation of #Teachers sees #Drumpf admin finally acknowledge a fraction of those previously eligible... A new #agreement allows the #DOE to resume processing forgiveness for specific fraction of borrowers enrolled in Income-Contingent Repayment (#IDR), Pay As You Earn (#PAYE) and the #PublicService #LoanForgiveness (#PSLF) programs. Read deets to see if you, or someone you know in an eligible #edu field can now qualify for any #debt reduction or #TaxBreaks. Currently Americans as a whole, are saddled with almost $2 TRILLION in student loan debts.

https://www.msn.com/en-us/money/careersandeducation/the-white-house-just-agreed-to-cancel-debt-for-millions-of-american-borrowers-and-to-do-it-fast-here-s-how-to-check-if-you-re-one-of-the-lucky-ones/ar-AA1R7F4w

#Teachers sue #Trump admin for stopping affordable #StudentLoan repayment plans

The American Federation of Teachers represents 1.8 million educators.

By Leah Sarnoff, March 19, 2025

"One of America's largest unions is taking aim at President Donald Trump's administration for shutting down access to affordable student loan repayment plans -- saying the decision is 'effectively breaking' the system.

"The American Federation of Teachers (#AFT), representing 1.8 million educators across the country, filed a lawsuit against the #DepartmentOfEducation in Washington, D.C., hoping to restore the programs that have now been shuttered for three weeks.

"The filing alleges the administration halting the application process for all Income-Driven Repayment (#IDR) plans and ordering student loan servicers to stop all processing violates #FederalLaw.

"AFT sued the United States Department of Education (ED) for effectively breaking the student loan system, denying borrowers' access to affordable loan payments and blocking progress towards Public Service Loan Forgiveness (#PSLF), in violation of federal law,' the union said in a statement Wednesday."

https://abcnews.go.com/Politics/teachers-sue-trump-admin-stopping-affordable-student-loan/story?id=119965907
#CharacteristicsOfFascism #BadDOGE #ResistDOGE #Authoritarianism #USPol

#SCOTUS ideological split rejects latest #Biden #StudentDebt forgiveness plan , which could push #StudentLoan issue into #Election foreground

https://wapo.st/3Z2HEDx #FreeLink #Linkshare