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September 6, 2022

[…] an injunction on the Biden Administration’s $10,000–$20,000 blanket forgiveness, putting the proposal on hold indefinitely. Executive Summary…

July 27, 2022

Executive Summary On July 13, the Department of Education proposed new regulatory changes to five federal targeted student loan forgiveness programs. The…

June 7, 2022

[…] in any amount, and even with income caps, would be highly regressive: More than half of the loan forgiveness would go to higher-income students and…

August 25, 2022

[…] year and for married borrowers whose combined income is less than $250,000 per year. The American Action Forum has previously demonstrated the regressive…

March 29, 2022

In the third quarter of 2020, more than half of federal student loan holders entered forbearance using the provision within the Coronavirus Aid, Relief…

June 30, 2021

Executive Summary The Biden Administration is examining whether it has the authority to provide $10,000 in blanket student loan forgiveness on every federal…

July 11, 2022

[…] In the meantime, the administration has used more targeted mechanisms to provide as much loan forgiveness as possible. The most recent Department…

May 16, 2023

[…] to save taxpayers $62 billion over a decade; this assumed, of course, that student loan borrowers would pay back their loans. Under the Biden Administration’s…

April 26, 2022

[…] back its commitment due to uncertainty over whether it has the legal authority to enact this policy. In the meantime, there are still calls for providing…

November 21, 2022

Executive Summary On October 31, 2022, the Department of Education released final regulations on five targeted federal student loan forgiveness programs…