Policy

President Joe Biden waves his hand as he boards Air Force One, Monday, Nov. 21, 2022, at Andrews Air Force Base, Maryland (AP Photo/Patrick Semansky) Press Association

WASHINGTON (AP) — President Joe Biden announced Tuesday that his administration will extend the suspension of federal student loan payments as the White House wages a legal battle to salvage its plan to cancel some of the debt.

“It’s not fair to ask tens of millions of relief-eligible borrowers to resume student debt payments while the courts are processing a lawsuit,” Biden said in a video posted on Twitter.

The moratorium was set to expire on January 1, a date Biden set before his debt forgiveness plan stalled in the face of legal challenges from conservative opponents.

Now it will be extended to 60 days after the case is settled. If the case is not resolved by June 30, payments will resume 60 days later.

The Justice Department asked the Supreme Court last week to review the case and reinstate Biden’s debt forgiveness plan.

var consent=”grant”;
/* The above code is parsing the JSON data from the local storage and storing it in a variable. */
const onetrustStorageConsent = JSON.parse(localStorage.getItem( ‘consent_one_trust_bdc’ ) );
if ( ( onetrustStorageConsent !== null ) ) {
/* Checking to see if the user has consented to the use of cookies.
* If they have not, it is deleting the cookie.
* This will comment for now, until further notice.
*/
//if ( onetrustStorageConsent.C0002 === false ) {
// document.cookie=”_fbp=;expires=Thu, 01 Jan 2010 00:00:00 UTC; path=/; domain=.boston.com”;
//}
/* Checking if the user has given consent for the cookie C0002.
* If the user has given consent, the variable consent will be set to ‘grant’.
* If the user has not given consent,the variable consent will be set to ‘revoke’.
* Documentation
*/
if ( onetrustStorageConsent.C0002 !== true ) {
consent=”revoke”;
}
}
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,

fbq(‘consent’, consent);
fbq(‘init’, ‘989222871864976’);
fbq(‘track’, ‘PageView’);

var consent=”grant”;
/* The above code is parsing the JSON data from the local storage and storing it in a variable. */

const onetrustStorageConsent = JSON.parse(localStorage.getItem( ‘consent_one_trust_bdc’ ) );
/* Checking to see if the user has consented to the use of cookies.
* If they have not, it is deleting the cookie.
* This will comment for now, until further notice.
*/
//if ( onetrustStorageConsent.C0002 === false ) {
// document.cookie=”_fbp=;expires=Thu, 01 Jan 2010 00:00:00 UTC; path=/; domain=.boston.com”;
//}
/* Checking if the user has given consent for the cookie C0002.
* If the user has given consent, the variable consent will be set to ‘grant’.
* If the user has not given consent,the variable consent will be set to ‘revoke’.
* Documentation
*/
if ( ( onetrustStorageConsent !== null ) && (onetrustStorageConsent.C0002 !== true ) ) {
consent=”revoke”;
}

!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function()
{n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}
;if(!f._fbq)f._fbq=n;
n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,
document,’script’,’
fbq(‘consent’, consent);
fbq(‘init’, ‘813236348753005’);
fbq(‘track’, “PageView”);

#Biden #extends #pause #student #loans #court #battle #drags

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *