FinancialSavvy.net
Friday, September 29, 2023
No Result
View All Result
  • Home
  • News
    • Finance
    • Economy
  • Education
  • Passive Income
  • Markets
  • Forex
  • Crypto
  • Real estate
  • Personal Finance
    • Personal Finance
    • Investing
    • Commodities
    • Saving
    • Retirement
FinancialSavvy.net
No Result
View All Result
Home Personal Finance

White House defends student loan forgiveness plan to the Supreme Court

by Financial Savvy
January 5, 2023
in Personal Finance
0
White House defends student loan forgiveness plan to the Supreme Court
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


The Biden administration has filed a authorized temporary with the U.S. Supreme Courtroom defending its plan to cancel a whole bunch of billions of {dollars} in scholar debt.

In its arguments to the very best courtroom submitted late Wednesday, attorneys for the U.S. Division of Training and U.S. Division of Justice argued that the challenges to the plan had been introduced by events that failed to point out hurt from the coverage, which is usually a requirement to determine so-called authorized standing.

Extra from Private Finance:
Who fares worst if Supreme Courtroom guidelines towards scholar debt reduction
Safe 2.0 invoice on monitor to usher in retirement system enhancements
New retirement laws leaves a ‘enormous drawback untouched’

The attorneys additionally refuted the declare that the Biden administration was overstepping its authority, and laid out the way it it’s performing throughout the regulation.

“We stay assured in our authorized authority to undertake this program that can make sure the monetary harms brought on by the pandemic do not drive debtors into delinquency and default,” U.S. Secretary of Training Miguel Cardona mentioned in an announcement.

The Supreme Courtroom agreed to listen to the case on President Joe Biden’s scholar mortgage forgiveness plan final month, and the justices will hear oral arguments on Feb. 28.

Within the meantime, the Biden administration is blocked from finishing up its plan. Earlier than it closed its utility portal, round 26 million Individuals utilized for the reduction.

This can be a breaking information story. Please verify again for updates.



Source link

Tags: CourtDefendsForgivenessHouseLoanplanstudentSupremeWhite

Related Posts

Paying With Your Wearable Device
Personal Finance

Paying With Your Wearable Device

September 28, 2023
Here’s what a government shutdown would mean for your wallet
Personal Finance

Here’s what a government shutdown would mean for your wallet

September 28, 2023
Are rent loans the answer to rising rent costs?
Personal Finance

Are rent loans the answer to rising rent costs?

September 28, 2023
Powered by Investing.com
  • Trending
  • Comments
  • Latest
The Best Credit Cards With Free DoorDash DashPass

The Best Credit Cards With Free DoorDash DashPass

November 23, 2022
UN warns banks that fund Saudi Aramco about possible human rights breach

UN warns banks that fund Saudi Aramco about possible human rights breach

August 25, 2023
1 in 5 Gen Zers Does This to Save Money

1 in 5 Gen Zers Does This to Save Money

June 1, 2023
Your Top 10 Will Questions Answered

Your Top 10 Will Questions Answered

December 22, 2022
European countries begin taking down public company registers after ruling

European countries begin taking down public company registers after ruling

November 23, 2022
Adam Tooze on Why the U.S. Housing Market Is Sliding and a 2023 Prediction

Adam Tooze on Why the U.S. Housing Market Is Sliding and a 2023 Prediction

3
How to invest in REITs: Everything you need to know

How to invest in REITs: Everything you need to know

2
The Smart Strategy for New Investors

The Smart Strategy for New Investors

2
CES 2023 Sees Strong Bitcoin (BTC) And Crypto Footprint

CES 2023 Sees Strong Bitcoin (BTC) And Crypto Footprint

2
Canna Provisions’ CEO Is Reinventing Cannabis Dispensaries As Destination Stores In Massachusetts

Canna Provisions’ CEO Is Reinventing Cannabis Dispensaries As Destination Stores In Massachusetts

2
Paying With Your Wearable Device

Paying With Your Wearable Device

September 28, 2023
CPP and disability: When should you retire and start your pension?

CPP and disability: When should you retire and start your pension?

September 28, 2023
Chairman’s News | Newsroom | The United States Senate Committee on Finance

Ranking Member’s News | Newsroom

September 28, 2023
The Republican Debate Hit Biden’s Economic Record Hard. Why He Could Win Anyway.

The Republican Debate Hit Biden’s Economic Record Hard. Why He Could Win Anyway.

September 28, 2023
Market Looks An Awful Lot Like Disastrous 2008, Top JPMorgan Strategist Says

Market Looks An Awful Lot Like Disastrous 2008, Top JPMorgan Strategist Says

September 28, 2023

Recent News

Paying With Your Wearable Device

Paying With Your Wearable Device

September 28, 2023
CPP and disability: When should you retire and start your pension?

CPP and disability: When should you retire and start your pension?

September 28, 2023
Chairman’s News | Newsroom | The United States Senate Committee on Finance

Ranking Member’s News | Newsroom

September 28, 2023

Categories

  • a
  • Commodities
  • Cryptocurrency
  • Economy
  • Education
  • Finance
  • Investing
  • Markets
  • Personal Finance
  • Real estate
  • Retirement
  • Reviews
  • Saving

Follow us

Newsletter

Subscribe to our mailing list to receives daily updates direct to your inbox!
  • Terms and Conditions
  • Privacy & Policy
  • About us
  • Contact us

© 2022 Financial Savvy | All Rights Reserved

No Result
View All Result
  • Home
  • News
    • Finance
    • Economy
  • Education
  • Passive Income
  • Markets
  • Forex
  • Crypto
  • Real estate
  • Personal Finance
    • Personal Finance
    • Investing
    • Commodities
    • Saving
    • Retirement

© 2022 Financial Savvy | All Rights Reserved