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☆ More Gen Zers could ditch college this fall — and some schools are worried they might never fully recover
▼ + stars: | 2024-04-27 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

A college enrollment crisis is likely coming this fall. It's a result of complications with the FAFSA form, along with a lower supply of high school seniors. There's also a limited supply of high school seniors right now due to lower birth rates during the Great Recession. But the immediate enrollment shock will likely come this fall — and both students and colleges will feel the impact. AdvertisementAre you a recent high school graduate not going to college?

Persons: It's, —, aren't, Katharine Meyer, Gen Zers, MorraLee Keller, Keller, There's, Meyer, They're, they're, there's, Hodges University —, Zers Organizations: Service, Brown Center, Education, Brookings Institution, National Center for Education Statistics, Federal Student Aid, Education Department, National College, Hodges University Locations: Florida, New York, Texas

☆ Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime
▼ + stars: | 2024-04-26 | by ( Annie Nova | ) www.cnbc.com time to read: +7 min

The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.

Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif

Has South Africa Truly Defeated Apartheid? U.S.A., 2020 – 63% U.K., 2019 – 62% 60% 49% 40% 20% 1994 2004 2014 2019 Sources: Collette Schulz-Herzenberg, "The South African non-voter: An analysis"; Konrad Adenaur Stiftung, 2020 (South Africa); Pew Research (United States and U.K.)On a continent where coups, autocrats and flawed elections have become common, South Africa is a widely admired exception. −4% −6% Sources: Harvard Growth Lab analysis of World Economic Outlook (South Africa and sub-Saharan Africa) and World Development Indicators (upper-middle-income countries). 50% unemployment rate 40% Black unemployment rate 30% The unemployment gap between Black and white South Africans remains wide. In 2022, about 6 percent of South Africans aged 18 to 29 were enrolled in higher education, according to Statistics South Africa.

Persons: Nelson Mandela, they’ve, Collette Schulz, Konrad Adenaur Stiftung, —, Walter Sisulu, Joao Silva, New York Times Jack Martins, ”, Mandela’s, Wandile Sihlobo, Johann Kirsten, Sihlobo, Kirsten, haven’t, Zinhle Nene, Peter Mokoena, “, Mokoena, Nokuthula Mabe, Mabe, Jacob Zuma, Chrispin Phiri, Cyril Ramaphosa, Israel, Sibusiso Zikode, Zikode, Mr Organizations: African National Congress, Pew Research, Human Sciences Research, World Bank, Black South, Charter, New York Times, University of Cape Town’s Liberty Institute of Strategic Marketing, Johannesburg Stock Exchange, Economic Empowerment, South, Harvard, Economic, Government, Black, Mr, Stellenbosch University . White, Statistics, Security, JOHANNESBURG Jobs, JOHANNESBURG Sandton Downtown, West University, Education, Statistics South, General Household Survey, of, Stellenbosch University, Ministry of Justice and Correctional Services, Institute for Security Studies, International Court of Justice Locations: Africa, South Africa, Black, States, Soweto, Kliptown, Johannesburg, South, Saharan Africa, Carletonville, JOHANNESBURG, Downtown Soweto, JOHANNESBURG Sandton, JOHANNESBURG Sandton Downtown Soweto, North, Mahikeng, Botswana, Statistics South Africa, Brazil, Mexico, Philippines, African, Germany, Russia, India, China, Ethiopia, Burundi, Zimbabwe, Ukraine, New York Times South Africa, Gaza, Durban, South Africa’s

☆ A key deadline for student loan forgiveness consolidation is just days away. Here's what to know
▼ + stars: | 2024-04-25 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

Guido Mieth | DigitalVision | Getty ImagesBorrowers hoping for student loan forgiveness have just a few more days to act before an April 30 deadline. Those payments are typically lower than under the standard repayment plan, and can be zero in some cases. Usually, a student loan consolidation restarts a borrowers' forgiveness timeline, making it a terrible move for those working toward cancellation. What to know about consolidating your student loansAll federal student loans are eligible for consolidation, including Federal Family Education Loans, Parent Plus loans and Perkins Loans, Kantrowitz said. You can apply for a Direct Consolidation Loan at StudentAid.gov or with your loan servicer.

Persons: Guido Mieth, Mark Kantrowitz, Kantrowitz, Biden Organizations: DigitalVision, Getty, CNBC, Finance, Federal Family, Parent, Perkins Loans

☆ Photos shine a light on Taiwan’s ‘betel nut beauties’
▼ + stars: | 2024-04-24 | by ( Emma Russell | ) edition.cnn.com time to read: +7 min

To meet her sales targets, the betel nut “must be delicious.” she told CNN in an email. A betel nut stall in Taipei. “I loved driving there because there were the betel nut girls,” she recalled in a phone interview. One of Han's subjects, Ju Ju, is pictured at a booth in the city of Taoyuan. But Ju Ju has since grown to value the stability of the job.

Persons: Mong Shuan, Mong, Constanze Han, “, ”, we’d, Han, Han “, ’ ”, Susan Meiselas, Xiao Hong, Ju, Ju Ju, —, Constanze Organizations: CNN, Mong, ”, island’s Ministry of Health, Welfare Locations: Taiwan, Asia, Taipei, Kaohsiung, Amsterdam, Hong Kong and New York, America, New England, New Taipei City, Taoyuan, Constanze

☆ Japan Airlines first female CEO hopes more women make it to the top
▼ + stars: | 2024-04-24 | by ( Hanako Montgomery | Helen Regan | ) edition.cnn.com time to read: +6 min

Tokyo/Hong Kong CNN —Mitsuko Tottori admits Japan has much more to do to get people like her into the chief executive seat. Tottori was named as the first female president and chief executive of Japan Airlines (JAL) in January, crowning a career that began nearly 40 years ago when she joined the airline as a flight attendant. Tottori, pictured in 1985 using an in-flight phone, began her career as a cabin attendant at Japan Airlines. Japan Airlines' A350 airplane is on fire at Haneda international airport in Tokyo, Japan January 2, 2024. They really followed the instructions of the flight crew calmly, which I think was a big factor.

Persons: Mitsuko Tottori, ”, “, Tottori, Issei Kato, Shukor Yusof, Seijiro Takeshita, ’, ” Takeshita, — CNN’s Junko Ogura, Mayumi Maruyama, Juliana Liu Organizations: Hong Kong CNN, Japan Airlines, JAL, “, CNN, University of Tokyo, Women’s Junior College, Boeing, Airbus, Haneda, Endau, ”, Japan Inc, University of Shizuoka, ANA, All Nippon Airways Locations: Tokyo, Hong Kong, Japan, Tottori, “ Japan, Nagasaki, Haneda, Osaka, Asia, Myanmar, Fiji

☆ Here's why Biden administration believes new student loan forgiveness plan will survive legal challenges
▼ + stars: | 2024-04-23 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. The aid package is narrowerBiden's 2020 campaign promise to erase student debt was thwarted at the Supreme Court in June. Biden had tried to forgive the debt of nearly all 40 million federal student loan borrowers, with many people getting up to $20,000 in cancellation. As a result, for critics of broad student loan forgiveness, Biden's new plan looks a great deal like his first. Biden's first forgiveness plan was based on the Higher Education Relief Opportunities for Students Act, or HEROES Act, of 2003.

Persons: Joe Biden, Andrew Caballero, Reynolds, Joe Biden's, Biden didn't, Biden, who've, Biden's, Andrew Bailey, X, Bailey, There's, didn't, John Roberts, Lyndon B, Johnson, Sen, Elizabeth Warren, Warren Organizations: Madison Area Technical College, AFP, Getty, U.S . Department of Education, Republican, Higher, Higher Education, Act, Biden, ., of Education Locations: Madison , Wisconsin, Missouri, . Nebraska

☆ Opinion | The Gaza Protests Engulfing Columbia and Other Campuses
▼ + stars: | 2024-04-23 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “After Arrests at Columbia, Students Face More Fallout” (news article, April 21):As parents of students suspended by Columbia University and Barnard College, we write to express our outrage. Among the evicted are lower-income students, students of color, students with disabilities and first-generation students. The security of students has been further compromised by vicious doxxing. We question the legality of much of what Columbia and Barnard have done in the last few days and fear for our children’s safety. While we parents come from a variety of religious faiths and social backgrounds, we are all invested in our children’s well-being and education.

Persons: John Chell, Barnard Organizations: Columbia, Columbia University, Barnard College, New York Police Department, Columbia Daily Spectator Locations: Columbia

☆ Trump’s immunity case is another reminder that all roads now lead to the Supreme Court
▼ + stars: | 2024-04-22 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

CNN —The Supreme Court’s hearing Thursday on former President Donald Trump’s immunity claim will underline a historic power shift. Trump’s relationship has been complex with the court’s conservative majority – despite his instrumental role in establishing it. In sharp contrast, the court’s conservative majority has exerted its influence year after year, without interruption. “There is just much more intense vetting of Supreme Court justices,” said Pierson. “You can tell by the results of the court decisions over the past several years that it is fundamentally different.

Persons: Donald Trump’s, “, ”, Jeff Shesol, Franklin D, John Roberts, Amy Coney Barrett, Ruth Bader Ginsburg, Paul Pierson, –, Barack Obama’s, Roberts, Joe Biden, Trump, they’ve, Michael McConnell, Jack Smith, Gore, outvoted, George W, Bush, MAGA, Michael Waldman, ” Waldman, Bill Clinton, Richard Nixon, Nixon, Waldman, ” McConnell, McConnell, Sandra Day O’Connor, Anthony Kennedy, Ronald Reagan, David Souter, George H.W, Pierson, Obama, Brett Kavanaugh, Barrett, Cecilia Munoz, Biden, “ It’s, Samuel Alito, Clarence Thomas, Clinton, ” Shesol, FDR, Shesol Organizations: CNN, White House, GOP, Republican Party, Trump, Republicans, University of California, Democratic, House, White, Constitutional, Center, Stanford University Law School, Brennan Center for Justice, New York University School of Law, Senate, Republican, Federalist Society, Alabama, Electoral, Citizens, Constitutional Law Center, New, Great Society Locations: Berkeley, Manhattan, Florida, “, George H.W . Bush, Shelby County

☆ What to Know About State Laws That Limit or Ban D.E.I. Efforts at Colleges
▼ + stars: | 2024-04-21 | by ( Anna Betts | ) www.nytimes.com time to read: +1 min

In recent decades, American universities have expanded their diversity programs to address concerns about the underrepresentation of minority groups on campus. But supporters of such efforts say they are necessary to promote diversity and help students from various backgrounds succeed on campus. For some universities, the opposition to diversity programs comes at a challenging time, as they face an incoming student shortage and skepticism of the value of a college degree at today’s prices. And after the Supreme Court’s ban on race-conscious admissions last year, some educators are even more concerned about diversity on their campuses. Here’s what to know about the efforts to limit D.E.I.

Organizations: Republican

☆ Should the SAT still matter after all these years? Why some colleges are bringing it back
▼ + stars: | 2024-04-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +15 min

The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students to a test score. Discrepancies with standardized testing appear to be symptomatic of the inequality endemic to the education system. In 2005, the College Board added an 800-point writing section to the exam alongside its math and verbal reasoning sections. In this Jan. 17, 2016 file photo, a sign is seen at the entrance to a hall for a college test preparation class in Bethesda, Md. Alex Brandon/APThe College Board told CNN it has also done away with its esoteric vocabulary in the past decade.

Persons: ”, Carl Brigham, Brigham, classism —, Daaiyah Bilal, Harry Feder, Barnes, Noble, Mario Tama, haven’t, Daniel Koretz, Koretz, Scott Eisen, Brown, ” Dartmouth, Ethan Hutt, Horace Mann, Warren K, Leffler, Alex Brandon, It’s, Rachel Rubin, Jack Schneider, ” Schneider, David Coleman, “, ” Coleman, it’s Organizations: New, New York CNN, National Center for Fair, Princeton, College Board, CNN, National Education Association, ACT, Ivy League, Harvard’s Graduate School of Education, Harvard’s, Dartmouth College, Yale, Dartmouth, Harvard, University of Florida, University of Texas, ” UT Austin, College Board's, University of North, Chapel Hill’s School of Education, Massachusetts, of, Phillips Exeter Academy, of Congress, Census, Board, UMass Amherst’s Center for Education, Holton Arms, The College Board, Khan Academy, The Locations: New York, New York City, United States, Guatemala, Hanover , New Hampshire, Georgetown, Austin, Dartmouth, University of North Carolina, Hutt, “, Boston, Harvard, Bethesda, Md, Iowa, Northeast

☆ Biden makes another push for tuition-free community college. Here's why it may work this time
▼ + stars: | 2024-04-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

When President Joe Biden unveiled the details of his Plan B for student loan forgiveness, he revealed that his hope to make some college free was not dead. "I also want to make community college tuition free so you don't need loans at all," Biden said after including free community college as part of his $7.3 trillion budget for fiscal 2025. "Student loan forgiveness is a Band-Aid," said Ryan Morgan, CEO of the Campaign for Free College Tuition. "Loan forgiveness is a snapshot in time in terms of a fix," Morgan said. Alternatively, free college appeals more broadly to those struggling in the face of rising college costs, rather than after the fact.

Persons: Joe Biden, Biden, Ryan Morgan, overstepping, Morgan Organizations: Free College, Finance, Harvard

☆ Cuts could cost thousands of US soldiers their education benefits
▼ + stars: | 2024-04-19 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

Budget cuts to two major financial aid programs could affect over 100,000 soldiers. Talks of budget cuts coincide with a time where Army recruitment is falling short of its goals. Potential budget cuts to the Army's Credential Assistance and Tuition Assistance programs could impact over 100,000 soldiers, policy experts recently told Inside Higher Education. The Credential Assistance program provides soldiers with $4,000 dollars a year going toward earning various certifications, and the Tuition Assistance program allows active-duty service members to receive $250 per hour of credit. Talks of budget cuts come at a time where recruiting for the Army is notably struggling.

Persons: —, Christine Wormuth, didn't, Wormuth, Will Hubbard Organizations: US Army, Army, Service, Higher, Air Force, Navy, Veterans Education

☆ Some students are still struggling to access college aid amid ongoing FAFSA 'disaster'
▼ + stars: | 2024-04-19 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

As enrollment deadlines approach, fewer students have figured out how they will afford college next year. Ongoing problems with the new Free Application for Federal Student Aid have delayed financial aid award letters and even prevented many high school seniors and their families from applying for aid at all. As of the latest update, roughly 7.3 million 2024-25 FAFSA applications have been submitted and sent to schools, according to the U.S. Department of Education, less than half of the more than 17 million students who use the FAFSA in ordinary years. Many institutions are now issuing aid with the information they have on hand, according to the Department of Education. "Students should know that they are not going through this alone, we will remain in regular communication with schools and students and encourage students to stay in touch with us and with their colleges," an Education Department spokesperson said.

Persons: Mark Kantrowitz, it's, Sandy Baum Organizations: Federal, Aid, U.S . Department of Education, Finance, Harvard, Urban Institute's Center, Education, Department of Education

☆ They Graduated Into Gaza’s War. What Happened to Them?
▼ + stars: | 2024-04-18 | by ( ) www.nytimes.com time to read: +5 min

These college graduates in Gaza finished training just one week before the war began. They Graduated Into Gaza’s War. Photo by Ahmed al DanafThey were among Gaza’s most ambitious students. This is not the first time war has come to Gaza. Hours later, Salem said, Mouayad was killed by a rocket when he went to retrieve the bodies.

Persons: Ahmed al Danaf, ”, Israel, “, Loss, Madeha, Salem Shurrab, Mouayad Alrayyes, ” Salem, Salem, Mouayad, Aseel Taya, Sofyan, aya, asha Organizations: Al, Azhar University, Facebook, New York Times, Palestinian Ministry of Higher Education Locations: Gaza, Israel, Gaza City, Salem

☆ Private equity finds its next bet: college admissions
▼ + stars: | 2024-04-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Now, private equity firms are swooping in to help while taking majority stakes in exchange. Last week, the company announced that it would partner with California-based private equity firm Nexus Capital Management and move its test into a for-profit company. A company owned by private equity can obfuscate what the company actually does to the public and potentially to regulators. Private equity firms “come into industries that are already suffering from a lack of funding,” said Creeks. They’ve had a lack of funding and support and so sometimes private equity is the only viable option.

Persons: New York CNN — It’s, Janet Godwin, “, ” Goodwin, ”, we’ve, Charlie Eaton, Goodwin, Critics, Constantine Yannelis, Rebecca Winthrop, They’ve, ” Powell, Jerome Powell, Powell, Bryan Mena, Chris Isidore, United, Max Organizations: CNN Business, Bell, New York CNN, ACT Inc, U.S ., ACT, Nexus Capital Management, ”, CNN, Nexus, Higher, University of California, ” Nonprofit, Nexus Capital, Savvas Learning Company, Private Equity, Project, University of Chicago Booth School of Business, Center for Universal Education, Brookings Institution, P Global Market Intelligence, College Board, Veritas Capital, “, Bank of Canada, Wilson, Fed, United, United Airlines, Boeing, Alaska Airlines, Federal Aviation Administration Locations: New York, Iowa, California, Merced, Canada

☆ America’s debt problem could spell higher interest rates in the rest of the world
▼ + stars: | 2024-04-17 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

The IMF said Wednesday that increased government spending, growing public debt and elevated interest rates in the United States had contributed to high and volatile yields — or interest rates — on Treasuries, raising the risk of higher rates elsewhere. “Loose fiscal policy in the United States exerts upward pressure on global interest rates and the dollar,” Vitor Gaspar, director of the IMF’s fiscal affairs department, told reporters. Higher interest rates make it more costly for households and businesses to service their loans, which can lead to defaults that cause losses at banks and other lenders, increasing financial instability. That means that even if the Fed cuts interest rates later this year — the IMF’s central scenario — US government funding costs may not fall by the same margin, he added. The IMF expects US public debt to continue rising, helping drive government debt worldwide to close to 100% of global gross domestic product by 2029, from 93% last year.

Persons: ” Vitor Gaspar, ”, Jerome Powell, ” Tobias Adrian, Gaspar, Pierre, Olivier Gourinchas, That’s Organizations: London CNN, International Monetary Fund, IMF, Federal Reserve, Treasury Department, Treasury, US, Federal Locations: United States, Washington

CNN —A Russian missile strike killed and injured more than 70 people in the city of Chernihiv in northern Ukraine – an attack that could have been prevented if Ukraine was provided with better air defenses, President Volodomyr Zelensky said. At least 14 people were killed in the strike and 61 others were injured, including two children, Ukraine’s emergency services said. Russia’s strike comes after Zelensky has for months warned that Ukraine lacks the air defenses necessary to protect its skies. “This would not have happened if Ukraine had received a sufficient number of air defense systems and if the world’s determination to counter Russian terror had been sufficient,” Zelensky said. There must be equally sufficient determination from our partners and, as a result, sufficient support.”More than 70 people were killed and injured in the Russian strike.

Persons: Volodomyr Zelensky, Alina Mykolayets, Russia’s, Zelensky, ” Zelensky, “, Valentyn Ogirenko Organizations: CNN, Reuters, PBS Locations: Russian, Chernihiv, Ukraine, Kyiv, Russia

☆ How R&D Funding Is Making the UK a Global Leader in Science
▼ + stars: | 2024-04-17 | by ( Sponsor Post | ) www.businessinsider.com time to read: +8 min

Exscientia's growth was bolstered by government support: The company didn't take venture funding until 2019. Exscientia wouldn't be where it was, Taylor said, without the support of the UK higher education system and government funding. Martin Tangney, the chief scientific officer of Edinburgh-based Celtic Renewables, said the £11 million of funding his company received in 2015 from the UK government was "pivotal." Advertisement"We really believe … [that] basically, soon all drugs are going to be created with AI," Taylor said. AdvertisementClick here to find out more about how your business can benefit from Research & Development in the UK.

Persons: Ben Taylor, Achilles, Taylor, —, We've, Smith, Nephew, we've, Martin Tangney, isn't, ABE, you've, Tangney Organizations: Nasdaq, University of Dundee, AstraZeneca, COVID, Celtic Renewables, biosciences, Department for Science, Innovation & Technology, Edinburgh Napier University, Government, Renewables, Research & Development, Insider Studios, UK's Department for Business & Trade, Innovation, Technology Locations: Oxford, UK, Edinburgh, Scotland, Ireland, Japan, America, India, Grangemouth

☆ Biden's new student-loan forgiveness plan just began its 30-day public comment period — and anyone can tell the administration what they think of the relief
▼ + stars: | 2024-04-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

It's the next step in implementing a broader version of debt relief for borrowers. Comments can be submitted to the Federal Register here, which the Education Department will then review. While lawsuits have yet to be formally filed against Biden's administration, Missouri's Attorney General Andrew Bailey wrote on X in response to Biden's relief proposals: "See you in court." And some experts said a conservative Supreme Court could likely rule like they did with Biden's first debt relief plan, striking it down. Following the public comment period, the Education Department will review comments and could choose to adjust their proposals based on the feedback they receive.

Persons: —, Joe Biden, Education James Kvaal, Andrew Bailey, Biden's, Cary Coglianese, it's, It's Organizations: Service, Education Department, Federal, Higher, Department, Education, Business, University of Pennsylvania

☆ Takeaways from the second day of jury selection in Trump’s hush money trial
▼ + stars: | 2024-04-16 | by ( Jeremy Herb | Lauren Del Valle | ) edition.cnn.com time to read: +9 min

That process prompted Judge Juan Merchan to sternly admonish Trump for his conduct toward the first juror questioned about her social media. That gave Trump’s team the chance to mine their public social media postings to be ready for their challenges to the judge. As for the three jurors Merchan did not strike: Trump’s side used its preemptory challenges to remove all of them anyway. The juror was later struck for cause by the judge on a challenge from Trump’s team over his social media posts. But the judge is hoping to wrap up jury selection this week.

Persons: Donald Trump’s, Juan Merchan, admonish Trump, foreperson, Trump, Trump’s, Todd Blanche, Merchan, –, Joe Biden, “, ” Merchan, Blanche, Joshua Steinglass, Michael Cohen, Steinglass, it’s, meanwhile, that’s Organizations: CNN, Trump, Facebook, Prosecutors, Democrat Locations: New York, Ireland

☆ Student debt is haunting Americans from graduation to retirement
▼ + stars: | 2024-04-16 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

“I’ve had to just put all of my dreams aside and focus on surviving day to day,” Jes Evans, 35, told CNN. Many who responded said they were nearing retirement age but couldn’t imagine being able to stop working, saying they would take their debt to their grave. The White House has forgiven a staggering $153 billion in federal student loan debt, giving a financial lifeline to millions of borrowers. Davis graduated from chiropractic college in 1986, with about $30,000 in debt from federal student loans. He isn’t bitter about it, and he’s not counting on a magic wand to come and zap his debt away.

Persons: —, “ I’ve, ” Jes Evans, Evans, ” Evans, ”, Courtney Brown, they’re, ” Brown, Brown, “, Gallup, Josh, He’d, ” Josh, he’s, Amy Coody, she’s, that’s, I’m, Ralph Davis, Davis, ’, ” Davis Organizations: New, New York CNN, Gallup Lumina, CNN, United States, Lumina Foundation, Biden, Department of Education, Public Locations: New York, Pittsburgh, United, Oregon, Wetumpka , Alabama, Savannah , Georgia

☆ Biden administration releases draft text of student loan forgiveness plan. Here's what borrowers need to know
▼ + stars: | 2024-04-16 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden speaks as he announces a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus, in Madison, Wisconsin, U.S, April 8, 2024. The Biden administration on Tuesday released the draft text of its new student loan forgiveness proposal, which could reduce or eliminate the balances of millions of borrowers. The proposed rules should be formally published in the Federal Register on Wednesday and will be followed by a 30-day comment period. The regulatory text comes about a week after President Joe Biden revealed the details of his Plan B for student loan forgiveness. The Department of Education reviews comments from the public, it hopes to finalize the new rules and start canceling borrowers' debts in the fall, it said.

Persons: Joe Biden, Biden, Harris, Education Miguel Cardona, FAFSA, Biden's Organizations: Madison Area Technical, Truax, Tuesday, Federal, Biden, Harris Administration, Education, Finance, Harvard, Supreme, U.S, The Locations: Madison , Wisconsin, U.S

☆ Biden's new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like
▼ + stars: | 2024-04-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +1 min

Biden released the draft text for his new student-loan forgiveness plan. The Education Department aims to begin implementing the relief as early as this fall. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMillions of student-loan borrowers are moving closer to President Joe Biden's new plan for debt cancellation. On Tuesday, the Education Department released its first set of draft rules for Biden's second attempt at student-debt relief after the Supreme Court struck the first plan down.

Persons: Biden, —, Joe Biden's Organizations: Department, Service, Education Department, Higher, Business

☆ How Biden's new student-loan forgiveness plan could be jeopardized before it even goes into effect
▼ + stars: | 2024-04-14 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

New details for President Joe Biden's student-loan forgiveness plan are out — and it's already shaping up to be a rocky road to implementation. Related storiesCoglianese is referring to a rule known as the Chevron doctrine, the fate of which is currently awaiting a Supreme Court ruling. AdvertisementHerrine said he expects the same groups who brought the cases against Biden's first debt relief plan to challenge this second one. "The administration is certainly still facing a very skeptical Supreme Court," Coglianese said. "Even though it's a different statute, it's still a skeptical Supreme Court.

Persons: Joe Biden's, Biden's, Biden, —, Cary Coglianese, Coglianese, Chevron, Raimondo, Luke Herrine —, Herrine, Andrew Bailey, it's, It's Organizations: Service, Education Department, Higher, Business, The Education Department, University of Pennsylvania, Loper Bright Enterprises, National Marine Fisheries, Supreme, Biden, Chevron, University of Alabama — Locations: Chevron, Missouri

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