Biden Cancels Over $7 Billion in Student Debt for More Than 277,000 Borrowers
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Biden Cancels Over $7 Billion in Student Debt for More Than 277,000 Borrowers
Biden Cancels Over $7 Billion in Student Debt , for More Than 277,000 Borrowers.
On April 12, President Joe Biden said that over 277,000 borrowers in more than
40 states will have $7.4 billion in student
loan debt wiped out, 'The Hill' reports.
.
To date, the Biden administration has canceled $153 billion in student loan debt.
.
From day one of my administration,
I promised to fight to ensure higher
education is a ticket to the middle class,
not a barrier to opportunity.
, President Joe Biden, via statement.
I will never stop working to cancel
student debt â no matter how
many times Republican elected
officials try to stop us, President Joe Biden, via statement.
'The Hill' reports that Biden's loan forgiveness has largely been aimed at helping
"public service workers, those on IDR plans," .
People who've been defrauded by educational institutions and those with disabilities.
US President Biden reaffirmed opposition to Israel's planned invasion of Gaza's Rafah during a call with PM Netanyahu. International pressure mounts for a ceasefire amid concerns for over a million Palestinians. Qatar mediates, urging sincerity. Hamas releases videos, urging Israel's concessions. Biden urges enhanced humanitarian aid delivery.
#USPresident #JoeBiden #Gaza #GazaInvasion #Qatar #BenjaminNetanyahu #RafahInvasion #rafahnews #Worldnews #Oneinda #Oneindia news
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President Joe Biden put on his comedy hat at the White House Correspondents' Association's annual dinner Saturday â throwing a major barb at Donald Trump for.. TMZ.com
At a media dinner in Washington on Saturday night, US President Joe Biden used his opportunity at the podium to to call on foreign governments to release detained journalists and roast his presumptive Republican running-mate Donald Trump over his age and literary tastes.
Credit: euronews (in English) Duration: 00:54Published
The end of another hectic week, but -- before you hit the town Saturday -- check out some of our best clips from the week. On "TMZ Live," Harvey and Charles.. TMZ.com
Biden Forgives $6 Billion in Student Debt , for Public Service Workers.
On March 21, the Biden administration canceled nearly $6 billion in student loans for approximately 80,000 public service workers, NPR reports.
Such workers include teachers,
nurses, firefighters and more.
Such workers include teachers,
nurses, firefighters and more.
Such workers include teachers,
nurses, firefighters and more.
These public service workers have
dedicated their careers to serving their
communities, but because of past
administrative failures, never got the
relief they were entitled to under the law, President Joe Biden, via statement.
Because of the fixes my administration
has made, we have now canceled student
debt for over 870,000 public service workers â
compared to only about 7,000 public
service borrowers ever receiving
forgiveness prior to my administration, President Joe Biden, via statement.
Those who are eligible for this round of student
loan forgiveness will receive an email next week.
Thousands more who are enrolled in the
Public Service Loan Forgiveness program
will receive emails "if they are within two years
of having their debt forgiven," NPR reports. .
The announcement comes as the president travels the country to campaign for reelection.
From day one of my administration, I promised
to fix broken student loan programs and make
sure higher education is a ticket to the
middle class, not a barrier to opportunity, President Joe Biden, via statement.
I won't back down from using every
tool at my disposal to deliver student debt
relief to more Americans, and build an
economy from the middle out and bottom up, President Joe Biden, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Title IX Regulations Add Protections , for Transgender Students.
Title IX prohibits "sex-based discrimination at government-funded schools," 'The Hill' reports. .
On April 19, the Biden administration revealed the last of its changes to the federal civil rights law. .
The new regulations expand how sex discrimination is defined, now including
sexual orientation and gender identity. .
These final regulations build on the
legacy of Title IX by clarifying that
all our nationâs students can access
schools that are safe, welcoming,
and respect their rights. , Education Secretary Miguel Cardona, via statement.
The update also reinstates "protections for student survivors of sexual assault and harassment" which were changed under President Trump, 'The Hill' reports.
Catherine Lhamon, the Education Departmentâs assistant secretary for civil rights, .
says the new rules will help schools
respond to "all sex discrimination,
not limited to sexual harassment.".
Biden's final changes to Title IX
are sure to be condemned by Republicans
who view transgender protections as failing
to protect cisgender women and girls.
The new changes will take effect Aug. 1.
The Biden administration has not yet finalized an additional rule pertaining to sports eligibility. .
Since 2021, 24 states have passed laws prohibiting transgender student-athletes from playing on
sports teams that align with their gender identity
Credit: Wibbitz Top Stories Duration: 01:31Published
March Retail Sales , Exceeded Expectations.
New Commerce Department data surprised
some analysts on April 15, 'The Hill' reports. .
The agency's latest estimates indicate
that March retail sales increased by 0.7%.
They were only expected
to rise 0.3% last month.
While sales exceeded estimates for March, the jump
was still below the 0.9% increase in February.
Compared to the same time last year, total sales
for the first three months of 2024 were up 2.1%.
On April 10, the Labor Department released data showing that inflation rose last month. .
The consumer price index (CPI)
increased 0.4% in March and 3.5% annually.
In February, consumer prices
increased 3.2% year-over-year. .
Still, the newest Commerce Department data suggests that Americans continue to spend despite prolonged inflation, 'The Hill' reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Biden Announces Deal With Taiwanâs TSMC , to Ramp Up US Chip Production.
On April 8, the White House said that it has reached an agreement with TSMC to help build new semiconductor manufacturing facilities in Arizona, 'The Hill' reports. .
The Biden administration will
provide up to $6.6 billion in funding
via the CHIPS and Science Act.
The president said that the money
will âsupport the construction of
leading-edge semiconductor manufacturing facilities right here in the United States.â .
Funding would also go toward
training local workforces at the new facilities.
A year and a half ago, I toured
the site of TSMCâs first new
fab in Phoenix, Arizona, President Joe Biden, via statement.
TSMCâs renewed commitment
to the United States, and its
investment in Arizona.., President Joe Biden, via statement.
... represent a broader story for
semiconductor manufacturing thatâs
made in America and with the strong
support of Americaâs leading technology firms
to build the products we rely on every day, President Joe Biden, via statement.
America's ability to produce its own microchips remains a key area of concern for Biden.
The CHIPS and Science Act, which was passed
with bipartisan support in 2022, is intended to
make the U.S. less dependent on foreign suppliers.
The White House has also made
agreements with Intel, GlobalFoundries
and Bae Systems, 'The Hill' reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
Warnock Calls GOPâs Criticism , of Trans Visibility Day , âOpposite of Christian Faithâ.
This year, Trans Day of Visibility
coincidentally fell on Easter Sunday.
President Joe Biden was attacked by Conservatives for making a declaration about the day, as he does every year, because it fell on the Christian holiday.
One of Biden's critics, Speaker Mike Johnson, called Biden's declaration an "outrageous
and abhorrent" attack on the religion. .
One of Biden's critics, Speaker Mike Johnson, called Biden's declaration an "outrageous
and abhorrent" attack on the religion. .
Senator Raphael Warnock, a reverend,
has denounced GOP criticism, calling it the
"opposite of the Christian faith," 'The Hill' reports. .
Apparently, the Speaker finds trans
people abhorrent, and I think he
ought to think about that, Sen. Warnock, via interview with CNN's Dana Bash.
This is just one more instance
of folks who do not know how
to lead us trying to divide us, Sen. Warnock, via interview with CNN's Dana Bash.
This is the opposite of the
Christian faith. Jesus centered the
marginalized. He centered the poor, Sen. Warnock, via interview with CNN's Dana Bash.
And in a moment like this, we need
voices, particularly voices of faith,
who would use our faith not as a
weapon to beat other people down but
as a bridge to bring all of us together, Sen. Warnock, via interview with CNN's Dana Bash.
The White House also issued a statement.
As a Christian who celebrates
Easter with Family, President
Biden stands for bringing people
together and upholding the dignity
and freedoms of every American, White House spokesperson Andrew Bates, via statement.
Sadly, itâs unsurprising politicians
are seeking to divide and weaken
our country with cruel, hateful,
and dishonest rhetoric. President
Biden will never abuse his faith for
political purposes or for profit, White House spokesperson Andrew Bates, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Watch as President Biden delivers a humorous election-year roast, taking playful jabs at his Republican rival, Donald Trump, during the annual White House Correspondents' Association dinner. Amidst political banter, Biden's remarks offer a lighthearted moment in the midst of the campaign season. Tune in for the best moments from the event!
#WhiteHouse #CorrespondentsDinner #USNews #JoeBiden #DonaldTrump #BidenvsTrump #BidenvsTrump #ProPalestineProtestUS #IsraelHamasWar #Oneindia
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Tennessee Passes Bill , Allowing Teachers to Carry Guns.
The Tennessee House of Representatives passed the bill by a vote of 68-28 on April 23, CBS News reports.
The legislation would grant some teachers
and staff the right to carry concealed
handguns at public schools.
The bill will now be sent to Republican
Gov. Bill Lee to either sign or veto. .
If signed into law, the legislation would represent the largest expansion of gun access in Tennessee since the deadly shooting at
The Covenant School in Nashville last year.
Teachers and staff carrying guns would only be known to administrators and police.
Teachers and staff carrying guns would only be known to administrators and police.
Other teachers and students' parents
would not be privy to the information. .
If a school worker wants to carry a handgun, they'd have to have a "permit and written authorization from the school's principal and local law enforcement," CBS News reports. .
If a school worker wants to carry a handgun, they'd have to have a "permit and written authorization from the school's principal and local law enforcement," CBS News reports. .
School districts would need
to grant permission as well.
A background check and 40 hours of training would also be mandatory.
However, school staff would be prohibited from carrying their guns during events at stadiums, gymnasiums or auditoriums. .
Protesters shouted
"Blood on your hands" after
the bill was passed by the
House on April 23
Credit: Wibbitz Top Stories Duration: 01:30Published
Another week's just around the corner ... but, before we dive into another hectic seven-day stretch, let's look back at the week that was. On "TMZ Live," Harvey.. TMZ.com
Go behind closed doors as Kim Kardashian joins Vice President Kamala Harris at the White House for a crucial roundtable discussion on criminal justice reform. Witness their collaborative efforts and passionate advocacy for second chances and meaningful change.
#KimKardashian #KamalaHarris #WhiteHouse #WhiteHouseRoundTable #JoeBiden #TheKardashians #VPKamalaHarris #Oneindia
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Kim Kardashian went back to the White House to advocate for criminal justice reform -- only here, it was with Biden's camp ... proving she's loyal to the cause,.. TMZ.com
Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .
Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
April 21, 2024 - NO Soundbites Allowed - We survived the calls for WWIII - now what? Iraq has an explosion of interest. House wants to spend $95 Billion in US debt for foreign wars, as Biden ignores..
Potential Iranian Attack, Biden Cancels More Student Loan Debt, FISA Spy Bill, Latest On Israel-Hamas War, Today In Wokery, Quickfive, FL Man, Today In Stupidity & More.
Today, The Two Mikes again spoke to Gordon Oliver from Cambridge Credit Counseling. â¨â¨Mr. Oliver, frank as always, said that the signs of more economic problems for those with debt problems..
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