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Blockbuster Supreme Court decisions to come on student loans, affirmative action and more

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The justices will hand down their next round of opinions on Tuesday at 10 a.m. ET. The Supreme Court has left this term's blockbuster decisions for last, with rulings expected this week on student loans , affirmative action and more. The justices will hand down their next round of opinions on Tuesday at 10 a.m. ET. There are 10 total cases remaining from the term that began back in October. Their rulings will decide the fate of millions of Americans with federal student loans, a 40-year precedent of race-conscious college admissions processes, how federal elections are run in the U.S. and LGBTQ+ rights. MORE: Chief Justice John Roberts defends Supreme Court's 'highest standards of conduct,' offers no new rules Already this term, the Supreme Court has weighed in on cases involving the Voting Rights Act, the Biden administration's deportation policy, the Indian Child Welfare Act and social media liability. Here's a closer look at four major issues left to...

Narrower Biden administration student loan relief plan would target hardest-hit borrowers

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Officials released a draft of the plan, but full details are likely months away. The Biden administration has released the first draft of a debt relief policy targeted at the hardest-hit student loan borrower s, providing more clarity on what the next steps are in a monthslong rulemaking process to make good on President Joe Biden's efforts to provide debt relief . The first attempt at broad debt relief, rolled out by Biden last year, was overturned by the Supreme Court in June. That policy would've cancelled debt for more than 40 million borrowers. After it was halted by the court, Biden announced that the administration would try again, under a different law called the Higher Education Act. Since then, the rulemaking process has been playing out with updates on a monthly basis. Though it's still preliminary, the latest draft released Monday by the Department of Education focuses on borrowers who have more debt now than they initially took out, have loans that they f...

Vivek Ramaswamy stops town hall to invite student protestor inside

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“We have the right to vote!” Gabriel Reynolds, a sophomore undeclared student at New England College, chanted through the windows of Simon Center Great Room. Henniker, New Hampshire -- “We have the right to vote!” Gabriel Reynolds, a sophomore at New England College, chanted through the windows of Simon Center Great Room. Reynolds was peacefully protesting presidential candidate Vivek Ramaswamy by chanting about the voting age, holding a homemade black Sharpie sign with the words "No Forever War in Mexico," and playing his guitar. Ramaswamy calls for increasing the voting age to 25, unless an 18 year-old citizen passes the same civics test given to immigrants seeking American citizenship. Ramaswamy took part in a SiriusXM town hall at New England College, hosted by David Webb, where, throughout the hour-long taped radio broadcast set to air Monday morning, there was Reynolds lingering voice demanding change. Republican presidential candidate Vivek Ramaswamy, left, invites Ne...

After adjusting to life without student loans, payment restart brings hard choices

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As 28 million Americans begin repaying their federal student loan debt, economists say that won’t dramatically cut into spending but will force painful changes to budgets The pandemic pause on federal student loan payments sparked a rare opportunity for Sarah Wood and her husband: funneling the money for their monthly student loan bills to their children's education, instead of paying off their own. Over the three-year freeze on payments, in the wake of the onset of COVID-19, the couple was able to build up college funds for their 8-year-old twin daughters. "It was a huge, huge relief," Wood said in an interview from her Denver home. "We were able to save more aggressively for their college education, having both been through this situation -- that we want to so, so strongly avoid for them -- we were able to save more." Wood, 40, took out $118,000 in student loans for a master's degree in education from Columbia University back in 2010. Since then, with an ...

Biden to highlight what he's done on student loan debt in upcoming speech

In a speech Wednesday, President Joe Biden will highlight what his administration has done to fix holes in the student loan system and deliver some form of debt relief. Days after borrowers once again began paying back their student loan debts after a three-year pause, President Joe Biden will give a speech on Wednesday highlight ing what his administration has done to fix holes in the student loan system and deliver some form of debt relief, according to the White House. Biden's plan to cancel between $10,000 and $20,000 in student loan debt for millions of Americans was overturned by the United States Supreme Court this summer. And now, as borrowers return to their loan payments without any cancelation ,the political frustration with Biden on debt relief will certainly grow. But there are other ways the Biden administration has still been working to cancel peoples' debts, which is what the president will tell the public on Wednesday. MORE: Student loan payments restarted...

Supreme Court to rule on student loans, LGBTQ+ protections in final day of opinions

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The Supreme Court on Friday will hand down its final opinions of the term, including highly-anticipated decisions on student loans and LGBTQ+ protections. The Supreme Court on Friday will hand down its final opinions of the term, including highly-anticipated decisions on student loan forgiveness and free speech and LGBTQ+ protections. The justices will issue decisions at 10 a.m. ET to finish the term it began back in October. Three cases remain out of the 59 argued. Their rulings will decide the fate of tens of millions of Americans with federal student loans and have an impact on free speech rights and LGBTQ+ protections . Already this week, the court handed down blockbuster decisions on affirmative action and election law. MORE: Supreme Court effectively ends affirmative action at colleges in landmark ruling The court's conservative majority on Thursday struck down race-conscious admissions policies Harvard University and the University of North Carolina as unconstitutional, e...

Teachers share how revamped forgiveness program helped with their student loans

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The Biden administration has touted the benefits of the Public Service Loan Forgiveness (PSLF) program -- and teachers are sharing how they are among those benefiting As President Joe Biden moves forward with a second attempt at student loan debt forgiveness, following a 6-3 defeat at the Supreme Court, his administration has also been touting the benefits of the Public Service Loan Forgiveness (PSLF) program as another option for some borrowers -- and teachers are sharing how they are among those benefiting. The PSLF program was first congressionally authorized in 2007, during the Bush administration, to cancel student debt for government employees like educators, firefighters and police officers as well as not-for-profit employees and others providing public services who make at least 10 years of payments on their loans. However, the original PSLF program was "poorly implemented" and many borrowers weren't successfully able to receive forgiveness , according to U.S. Ed...

Biden's Plan B on student loan forgiveness relies on Higher Education Act: What to know

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Joe Biden is launching a new effort with the Higher Education Act to forgive at least some student loan debt after the Supreme Court ruling against him President Joe Biden is launching another effort to forgive at least some federal student loan debt after the Supreme Court last week struck down his initial proposal to wipe away as much as $20,000 for borrowers. The White House's new approach is based on the Higher Education Act (HEA) of 1965, which provides government-backed student loans and grants the U.S. Education Department the ability to "compromise, waive or release loans." Further details will be revealed during a rulemaking process: Implementing any changes will take multiple steps over months, the National Economic Council's deputy director, Bharat Ramamurti, told reporters on Friday. It's unclear if any debt cancellation offered through HEA would be of a similar scope and scale as Biden's first program, which the White House said covered 43 m...