We have a preview of what fans can expect when they visit the 2024 Final Four Fan Fest in downtown Phoenix.
The plan comes nearly a year after the Supreme Court ended his administration’s first attempt to relieve debt for millions who attended college.Biden speaks at the Eisenhower Executive Office Building on the White House complex in Washington, April 3, 2024. 11:11 AM PDT April 5, 2024
Much of the specifics that Biden will discuss Monday have long been telegraphed through a negotiated rulemaking process at the , which has worked for months to hash out the new categories of borrowers. The president announced immediately after the Supreme Court decision that Education Secretary Miguel Cardona would undertake the process because he would have the power under the Higher Education Act to waive or compromise student loan debt in specific cases.
The plan that Biden will detail is set to expand federal student loan relief to new yet-targeted categories of borrowers through the Higher Education Act, which administration officials believe puts it on a stronger legal footing than the sweeping proposal that was killed by a 6-3 court majority last year. The planned announcement from Biden was first reported by the Wall Street Journal.
Through that process, the agency laid out five categories of borrowers who would be eligible to get some or all of their federal loans canceled. The plan is focused on helping those with the greatest need for relief, including many who might otherwise never repay their loans. The plan would automatically cancel loans for those who went to for-profit college programs deemed “low-value.” Borrowers would be eligible for cancellation if, while they attended the program, the average federal student loan payment among graduates was too high compared to their average salary.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
March Madness 2024: how to watch the 2024 NCAA First Four live streamEight teams head to Dayton to play in the 2024 NCAA First Four. Get live stream information for all four games.
Read more »
Colorado state basketball tournaments 2024 Final Four results and coverage, March 8The semifinals of the Colorado high school basketball state tournaments for Classes 4A-6A take place Thursday and Friday at Denver Coliseum. Our staff will be there throughout the weekend providing…
Read more »
Men's March Madness 2024: Experts pick Final Four, national champThey're as close to the game as you can get without playing. Who do 73 ESPN experts predict will make it to Glendale -- and win it all?
Read more »
Women's March Madness 2024: Experts pick Final Four, national champThe Gamecocks are the favorite in the women's NCAA tournament. If they don't win the title, who will? And how far will Iowa and the other 1-seeds go?
Read more »
2024 Men's Final Four odds: Who's favored to win each region?The four winners of the four regions make it to the Final Four. Make sense? Check out the latest odds for the last teams standing in the men's NCAA tourney.
Read more »
2024 Women's Final Four odds: Who's favored to win each region?With the first two rounds of the women's NCAA tournament in the books, let's check out the latest odds on the road to the Final Four.
Read more »