India  

Biden Forgives $6 Billion in Student Debt for Public Service Workers

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Biden Forgives $6 Billion in Student Debt for Public Service Workers

Biden Forgives $6 Billion in Student Debt for Public Service Workers

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 ā€” 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


You Might Like


šŸ’” newsR Knowledge: Other News Mentions

Joe Biden Joe Biden President of the United States since 2021

'No Support for Ukraine?': Trumpā€™s VP Pick Vows For ā€˜Immediate Endā€™ to Ukraine War| Watch [Video]

'No Support for Ukraine?': Trumpā€™s VP Pick Vows For ā€˜Immediate Endā€™ to Ukraine War| Watch

Senator JD Vance, nominated as Donald Trump's vice-presidential running mate, opposes continued US funding for Ukraine, advocating for peace negotiations instead. Vance's criticisms of the Biden administration's handling of the Ukraine war and his belief that the conflict benefits American business have fueled tensions with Ukrainian President Zelensky. With Trump promising to end the war swiftly, their potential election victory could significantly alter US-Ukraine relations. #DonaldTrump #JDVance #TrumpVance #TrumpVance2024 #Ukrainewar #RussiaUkrainewar #Ukrainewarlive #USnews #Oneindia #Oneindianews ~HT.178~PR.320~ED.103~GR.125~

Credit: Oneindia    Duration: 03:12Published
ā€˜Iā€™m on the horseā€™: Biden reaffirms presidential run despite calls to quit [Video]

ā€˜Iā€™m on the horseā€™: Biden reaffirms presidential run despite calls to quit

The US President and presumptive Democratic Party nominee admitted heā€™s an 'old guy' but insisted that 'this is my job to get this done'.

Credit: euronews (in English)    Duration: 01:12Published
Watch| Donald Trump Announces JD Vance as VP Pick At Republican National Convention| Full Video [Video]

Watch| Donald Trump Announces JD Vance as VP Pick At Republican National Convention| Full Video

Republican Presidential Candidate Donald Trump has chosen former critic JD Vance as his vice-presidential nominee. Vance, a 39-year-old Ohio Senator and author, was confirmed as VP pick by RNC delegates. Despite past criticisms of Trump, Vance has become a strong supporter. After winning his Senate seat with Trump's endorsement in 2022, Vance is now attacking Joe Biden, calling him an "incapacitated president" and accusing Democrats of lying about Biden's health. #JDVance #DonaldTrump #Trump2024 #TrumpAttack #TrumpVance #TrumpVance2024 #BidenHarris #RepublicanParty #RNC2024 #NationalConvention #USElections #Worldnews #USnews #Oneindia #Oneindianews ~PR.320~HT.95~ED.102~

Credit: Oneindia    Duration: 03:32Published

Trump appears among chanting Republican supporters as Biden calls 'bullseye' comment a 'mistake'

Donald Trump has appeared to huge applause at the National Republican Convention on Monday night with a white bandage covering his right ear.
Sky News
Donald Trump Announces Ohio Senator J.D. Vance as His Vice-Presidential Pick | THR News Video [Video]

Donald Trump Announces Ohio Senator J.D. Vance as His Vice-Presidential Pick | THR News Video

Donald Trump has chosen J.D. Vance as his running mate as he seeks to unseat President Joe Biden for a second term as president of the United States. Vance is a freshman senator from Ohio who rose to fame with his 2016 memoir 'Hillbilly Elegy.' The book was turned into a movie starring Glenn Close and Amy Adams in 2020. The film adaptation received two Academy Award nominations, including a best supporting actress nomination for Close. Trump shared the news on his social media platform Truth Social on Monday.

Credit: The Hollywood Reporter    Duration: 01:12Published

NPR NPR American nonprofit media organization

Supreme Court Rules That Some Jan. 6 Defendants Were Improperly Charged [Video]

Supreme Court Rules That Some Jan. 6 Defendants Were Improperly Charged

Supreme Court Rules That , Some Jan. 6 Defendants, Were Improperly Charged. NPR reports that the United States Supreme Court voted to limit which defendants accused of taking part in the Jan. 6 Capitol riot can be charged by federal prosecutors. The decision also casts doubt on two out of the four felony counts in former President Donald Trump's election subversion indictment. According to conservative Chief Justice John Roberts, the court ruled that the U.S. government must prove , ā€œthat the defendant impaired the availability or integrity for use in an official proceeding of records, documents, objects, or other things used in an official proceeding.ā€. NPR reports that prosecutors relied on a key criminal statute to prosecute over 350 participants of the Capitol riot. The statute makes it a crime to alter or destroy official documents, or to otherwise obstruct or impede official proceedings. Roberts wrote that the statute was not meant to broaden the meaning of the law to make it a catchall provision. . The decision will impact other cases related to Jan. 6, many of which will have to be resentenced, retried or defendants will be released. . NYU law professor Ryan Goodman authored a study that found only 346 of the 1,417 people charged in connection with the Capitol riot were charged under the obstruction statute. The study also found that 71 people are still awaiting trial on the obstruction charge, but over half of them are also charged with another felony. NPR points out that if found guilty of other felony charges, the sentencing judge is still allowed to use the charge of obstruction to determine the length of their sentence.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Supreme Court Rules Against SEC's Authority to Impose Fines [Video]

Supreme Court Rules Against SEC's Authority to Impose Fines

Supreme Court Rules , Against SEC's Authority, to Impose Fines. NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . NPR reports that the United States Supreme Court recently voted 6-3 against the Securities and Exchange Commission's policy on fraudulent conduct. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . Chief Justice John Roberts, writing for the court's conservative majority, said the current rules deprive accused transgressors of their constitutional right to a jury trial. . The SEC relies on administrative law judges (ALJ) to make legal conclusions in cases brought before the agency. The Supreme Court's decision has the potential to send ripples through dozens of agencies, from labor rights to energy regulation. The Court did exclude from its decision those agencies dealing with federal benefits, while some conservative justices wanted the ruling to go further. The three liberal justices in dissent blasted the decision by the majority. . The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. The case was brought by a former conservative radio host and hedge fund manager, George Jarkesy, following an SEC fraud investigation. An in-house evidentiary hearing fined Jarkesy $300,000, ordered him to pay back almost $700,000 in ill-gotten profits and barred him from the securities industry. Jarkesy argued that he was entitled to a jury trial held in a federal court and that Congress lacked the power to delegate such authority to the SEC. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk. NPR reports that Jarkesy's case was supported by a number of conservative and business groups, and individuals such as Elon Musk

Credit: Wibbitz Top Stories    Duration: 01:31Published
Amazon Reaches $2 Trillion in Stock Market Value [Video]

Amazon Reaches $2 Trillion in Stock Market Value

Amazon Reaches $2 Trillion , in Stock Market Value. On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. . Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. . Within the past year, Amazon's stock has gained 52%. Part of that gain can be attributed to investors' enthusiasm about the company's AI endeavors, NPR reports. . A big part of the valuation boost has been cloud and AI. Amazon is going to be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR. Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon currently has a chatbot called Q, which businesses that use AWS have access to. . Amazon CEO Andy Jassy recently said that AI has rejuvenated the growth of AWS. The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue. Amazon recently invested in Anthropic, a California AI company, "to develop so-called foundation models that underpin generative AI systems," NPR reports. . Amazon also makes its own AI chips. The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. . The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia.

Credit: Wibbitz Top Stories    Duration: 01:30Published
Border Arrests Fall Over 40% Since Biden Suspended Asylum Processing [Video]

Border Arrests Fall Over 40% Since Biden Suspended Asylum Processing

Border Arrests Fall Over 40% , Since Biden Suspended Asylum Processing. The Homeland Security Department made the announcement on June 26, NPR reports. . Average daily arrests that the Border Patrol has made over a week-long period have dropped below 2,400. That is a decrease of over 40% from before the president's proclamation went into effect on June 5. That is a decrease of over 40% from before the president's proclamation went into effect on June 5. However, arrests need to drop to the 1,500 mark before asylum processing can resume. Still, the current data marks the lowest number of arrests since Jan. 17, 2021, NPR reports. . Last week, President Biden touted a 25% decrease in border arrests since the order took effect, . which means they've dropped a lot more since then. Homeland Security Secretary Alejandro Mayorkas has called the executive order a "tremendous success.". We indeed have seen a tremendous success early on, and I should emphasize that it is early on in our implementation of the presidentā€™s proclamation and our accompanying regulation, Alejandro Mayorkas, to CNN. Mayorkas will address border enforcement efforts in Tuscon, Arizona, on June 26. The area has served as "the busiest corridor for illegal crossings" recently, NPR reports.

Credit: Wibbitz Top Stories    Duration: 01:31Published
Upcoming Presidential Debate Between Biden and Trump Breaks With Tradition [Video]

Upcoming Presidential Debate Between Biden and Trump Breaks With Tradition

Upcoming Presidential Debate , Between Biden and Trump, Breaks With Tradition. Upcoming Presidential Debate , Between Biden and Trump, Breaks With Tradition. On June 27, President Joe Biden and former President Donald Trump will meet in the first presidential debate of 2024 in Atlanta. On June 27, President Joe Biden and former President Donald Trump will meet in the first presidential debate of 2024 in Atlanta. NPR reports that the debate marks the beginning of a new phase in the presidential election, with less than five months until Election Day on November 5. According to the latest NPR/PBS News/Marist polls, Biden and Trump are nearly tied following a month-long trend of national surveys with the same results. According to the latest NPR/PBS News/Marist polls, Biden and Trump are nearly tied following a month-long trend of national surveys with the same results. Breaking with campaign tradition, the debate comes months earlier than usual, following a set of rules agreed to by candidates and without a live audience. The event is scheduled to start at 9 p.m. ET and is expected to run for 90 minutes. CNN's Jake Tapper and Dana Bash will moderate the event, which will take place at the network's Atlanta studio. CNN's Jake Tapper and Dana Bash will moderate the event, which will take place at the network's Atlanta studio. The presidential debate will also be available on CNN and the Max streaming platform. . The presidential debate will also be available on CNN and the Max streaming platform. . NPR reports that presidential debates have traditionally occurred in front of a live audience and are coordinated by the bipartisan Commission on Presidential Debates (CPD). However, both Biden and Trump have said they will not participate in the CPD's planned debates, pushing for earlier face offs ahead of the election. However, both Biden and Trump have said they will not participate in the CPD's planned debates, pushing for earlier face offs ahead of the election. The second debate is scheduled for September and will be hosted by ABC News

Credit: Wibbitz Top Stories    Duration: 01:31Published

Americans Americans Citizens and nationals of the United States

Biden urges Americans to shun political violence day after Trump assassination attempt [Video]

Biden urges Americans to shun political violence day after Trump assassination attempt

Speaking in the Oval Office, Biden said passions were running high on both sides and the stakes of the election were enormous but that violence was not the answer, adding "We can do this".

Credit: euronews (in English)    Duration: 02:23Published
Biden's Prime-Time Address: Urgent Call to Reject Political Violence After Trump's Assassination Bid [Video]

Biden's Prime-Time Address: Urgent Call to Reject Political Violence After Trump's Assassination Bid

In a critical prime-time address, President Joe Biden urges Americans to reject political violence and resolve their differences peacefully following the attempted assassination of former President Donald Trump. Highlighting the importance of civility in political discourse, Biden calls for unity and condemns the normalization of violence. Watch his powerful message and join the discussion on how we can heal as a nation. #BidenSpeech #RejectViolence #Unity #TrumpAssassinationAttempt #PoliticalDiscourse #AmericanDemocracy #DonaldTrumpAssassination

Credit: Oneindia    Duration: 03:34Published

Joe Biden Cautions People Not to Jump to Conclusions About Trump Shooter

President Joe Biden's asking Americans not to jump to conclusions about the man who shot Donald Trump ... urging people not to make assumptions about his..
TMZ.com
Middle-Aged Americans Are Underprepared for Retirement, Study Finds [Video]

Middle-Aged Americans Are Underprepared for Retirement, Study Finds

Middle-Aged Americans Are, Underprepared for Retirement, , Study Finds. 'Newsweek' reports that people in the United States who are approaching retirement age may be critically underprepared when it comes to their savings. According to Prudential Investments, Americans around the age of 55 are facing a "midlife retirement crisis," lacking the funds for a comfortable post-working life. . A recent survey by the major insurance provider found the average retirement savings of a 55-year-old to be $47,950. . This falls significantly short of the recommended goal of having eight times a person's annual income saved by the time they reach 55. . According to the survey, 57% of 55-year-olds said they expected to outlive the funds they have currently managed to save. That's compared to 59% of 65-year-olds and 52% of 75-year-olds. The survey also found that one-third of 55-year-olds and 43% of 65-year-olds have already been forced to postpone retirement due to inflation. Attention today is rightly centered on the approximately 11,000 65-year-olds entering retirement every week, but we must also focus as an industry on the opportunity to help a slightly younger generation of workers entering the critical 10-year countdown to retirement, Caroline Feeney, executive vice president and head of Prudential's U.S. Businesses, via 'Newsweek'. Further, the financial futures of certain cohortsā€”such as womenā€”are especially precarious, Caroline Feeney, executive vice president and head of Prudential's U.S. Businesses, via 'Newsweek'. The upside is that, with the right planning and strategy to protect their life's work, we can ensure this generation is well-prepared to live not only longer, but better, Caroline Feeney, executive vice president and head of Prudential's U.S. Businesses, via 'Newsweek'

Credit: Wibbitz Top Stories    Duration: 01:31Published
Hypergamy Explained: The Dating Trend Attracting 40% of Americans | Oneindia News [Video]

Hypergamy Explained: The Dating Trend Attracting 40% of Americans | Oneindia News

Discover what hypergamy is and why it's becoming popular in modern dating. Learn how this trend impacts relationships and personal aspirations, based on insights from a recent survey of 2,000 Americans. #Hypergamy #ModernDating #RelationshipGoals #DatingTrends #PersonalAspirations #AmericanCouples #AmericanYouth

Credit: Oneindia    Duration: 03:01Published

Related news from verified sources

Biden cancels $6 billion in student loan debt for 78,000 public service workers


IndiaTimes - Published