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Round-up: President Biden's Plan to Forgive Student Loans - September 6, 2022

September 06, 2022

Media coverage and commentary continues following President Biden’s executive action to forgive federal student loan debt of $20,000 for Pell Grant recipients and $10,000 for other students who make up to $125,000. The action also extended the pandemic pause on student loan payments, through the end of the year. Loan payments were set to resume for millions of borrowers after Aug. 31.
Of particular note, companies managing the Education Department’s $1.6 trillion portfolio of student loans said they are being inundated with refund requests from borrowers who made payments during the pandemic pause. The Education Department has offered to return money to people who continued to pay since the inception of the moratorium in March 2020, but the policy went largely unnoticed until last week.
Below is a sampling of news and opinion articles from news sites around the country:
The Legal Dilemma on Student Debt Relief
Inside Higher Ed (September 6, 2022)
Federal Student Loan Forgiveness Could Be Taxed as Income in Some States
USA Today (September 6, 2022)
'Racial and Class Assault': How a War on Free NY Tuition Presaged the Student Debt Crisis, NY (September 6, 2022)
Biden’s Student-Debt-Forgiveness Plan May Cost Up to $1 Trillion, Challenging Deficit Goals
The Wall Street Journal (September 5, 2022)
People With Student Loans From Defunct Federal Program Seek Relief
The Washington Post (September 5, 2022)
Student Debt Cancellation Rollout Could Get Messy, Consumer Groups and Lenders Warn
NBC (September 5, 2022)
Some States Have Laws to Tax Student Loan Debt Forgiven by Biden’s Plan
PBS News Hour (September 4, 2022)
The ‘Sleeper-Hit’ Beyond $10K: Student Loan Borrowers Say New Income-Driven Repayment Plan Could Be ‘Life-Changing’ (September 4, 2022)
What to Know About Biden's Student Debt Relief Plan and How to Claim It
Washington Examiner (August 4, 2022)
Student Loan Servicers Inundated With Refund Requests After Forgiveness News
The Washington Post (September 3, 2022)
They Have Debt but No Degree. Could Loan Forgiveness Send Them Back to School?
The New York Times (September 3, 2022)
Student Debt Relief ‘Modestly Credit Positive’ for Colleges, Moody’s Says
Higher Ed (September 2, 2022)
Republicans Are Readying Lawsuits to Block Biden’s Student Debt Plan
The Washington Post (September 1, 2022)
Lazy Rivers and College Costs: How Biden's Loan Forgiveness Subsidizes Students' Play Time - Commentary
USA Today (September 6, 2022)
Debtors, Unite! You Have Nothing to Lose but Your Shame. - Commentary
The New York Times (September 6, 2022)
It’s About Time Student Loan Borrowers Get Some Help. They’ve Earned It. - Commentary
Wisconsin Examiner (September 6, 2022)
The Right’s Laughable and Offensive Attacks on Biden’s Student Loan Debt Relief Program - Commentary
North Carolina Policy Watch (September 6, 2022)
Why Democrats Might Come to Regret Student Debt Relief – Commentary
The (September 6, 2022)
Why Aren’t Student Loans Simple? Because This Is America. - Commentary
The New York Times (September 3, 2022)
Student-Loan Forgiveness and the National Debt - Commentary
The Wall Street Journal (September 1, 2022)

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