The Hoosier attorney who sued to stop the federal student loan forgiveness program received a lesson in litigation from the federal judge presiding over the case: Don’t sue the wrong defendant.
In its final form, the federal student loan forgiveness plan covers both individuals with undergraduate and graduate degrees, including law school, where graduate debt levels can easily top six figures.
A federal appeals court late Friday issued an administrative stay temporarily blocking President Joe Biden’s plan to cancel billions of dollars in federal student loans, throwing the program into limbo.
U.S. Supreme Court Justice Amy Coney Barrett on Thursday rejected an appeal from a Wisconsin taxpayers group seeking to stop the Biden administration’s student debt cancellation program.
A federal judge on Thursday dismissed an effort by six Republican-led states to block the Biden administration’s plan to forgive student loan debt for tens of millions of Americans.
A Wisconsin taxpayers group that unsuccessfully brought a lawsuit seeking to block President Joe Biden’s student loan forgiveness program is asking the U.S. Supreme Court to intervene.
President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program and announced that 8 million borrowers had already applied for loan relief during the federal government’s soft launch period.
Indiana attorney Frank Garrison is trying to block the Biden administration’s student loan debt relief program. While the legal action may do little to improve or weaken the reputation of lawyers, it also will likely have little impact on the program itself.
A small-business advocacy group has filed a new lawsuit seeking to block the Biden administration’s efforts to forgive student loan debt for tens of millions of Americans — the latest legal challenge to the program.
Some Hoosiers may no longer qualify for President Joe Biden’s student debt relief plan after federal officials quietly changed the eligibility qualifications late last week.
Six Republican-led states are suing the Biden administration in an effort to halt its plan to forgive student loan debt for tens of millions of Americans, accusing it of overstepping its executive powers.
An Indiana attorney who claims to qualify for the Biden administration’s student loan forgiveness plan is challenging the debt relief, asserting he will face a state tax liability and be worse off because of the U.S. Department of Education’s “end-run around Congress.”
Indiana will tax student debt relief as income, reflecting similar policies in other U.S. states following the Biden administration’s announcement of a forgiveness plan last month.
The Biden administration is tying its authority to cancel student debt to the coronavirus pandemic and to a 2003 law aimed at providing help to members of the military. Legal challenges are expected.
President Joe Biden on Wednesday announced his long-awaited plan to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans — and up to $10,000 more for those with the greatest financial need — along with new measures to lower the burden of repayment for their remaining federal student debt.
The U.S. Education Department said Wednesday it’s erasing student debt for thousands of borrowers who attended a for-profit college chain that made exaggerated claims about its graduates’ success in finding jobs. The Biden administration said it is approving 18,000 loan forgiveness claims from former students of ITT Technical Institute, a chain that closed in 2016 after being dealt a series of sanctions by the Obama administration.
In an effort to address the crushing weight posed by student loan debt, the American Bar Association House of Delegates adopted a resolution penned by a group of young lawyers during its midyear meeting last week. The resolution urges programs to assist law school graduates and law students experiencing financial hardship due to their student loan debt.
A bill that would require students at public schools to complete the Free Application for Federal Student Aid advanced to the Indiana House after lawmakers approved the measure in a Senate vote Tuesday.
Months after vowing to process a backlog of 160,000 requests for loan forgiveness from students who say they were defrauded by their schools, the U.S. Education Department has rejected 94% of claims it has reviewed, according to a federal judge who is demanding justification for the “blistering pace” of denials.
People with federal student loans don’t have to make another federal payment in 2020. Now is the time, though, to decide what to do before your bill arrives in January 2021.