Today's Video Headlines: 8/5/24
– North Carolinians without student loans “should not have to pay for someone else’s degree,” US Sen. Thom Tillis says.
In a chamber led by Democrats, the bill has been read twice and referred to the Committee on Health, Education, Labor and Pensions. Nineteen Democrats and four independents caucusing with the party are in the 33 U.S. Senate seats up for election to six-year terms through 2031, with another one of two in special elections to fill unexpired terms.
Biden, on the day of his inauguration more than three years ago, paused student loan repayments. As he campaigned in April 2020, Biden vowed to “forgive all undergraduate tuition-related federal student debt from two- and four-year public colleges and universities and private HBCUs and MSIs for debt-holders earning up to $125,000.”
Defeats in court for the Biden administration trying to shift the choice of student debt by borrowers to all taxpayers has been repeatedly followed by new programs. For example, last month a ruling by the 8th U.S. Circuit Court of Appeals blocking implementation of the Saving on a Valuable Education Plan – known colloquially as SAVE – not already blocked happened the same day of the Public Service Loan Forgiveness program’s rollout to 35,000 borrowers with $1.2 billion in debt.
US News Colleges And Universities Debt North Carolina Senators Student Taxpayers Thom Tillis
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