Biden moves forward with 'student loan safety net' as debt cancelation plan awaits fate before Supreme Court
Fox News
The Biden administration formally proposed a new plan that would significantly lower student loan payment requirements and shorten the time before debts can be canceled.
"Student debt has become a dream killer," Education Secretary Miguel Cardona said in a statement. "This is a promise to the American people that, at long last, we will fix a broken system and make student loans affordable." Ronn Blitzer is a reporter for Fox News Digital covering politics and breaking news.
The proposal focuses on income-driven payment plans. Currently, borrowers' monthly payments are capped at 10% of their discretionary income. The new plan would set this mark at 5% of borrowers' pay. Additionally, the income level under which people would not be required to make payments would be raised from $20,400 per year to $30,000.
Sean Spicer launches Seniors Matter for America, a pro-Trump group targeting senior citizens in 2026 with promises on benefits, taxes and drug costs.
Sen. Elissa Slotkin, D-Mich., is reportedly under federal investigation after taking part in a video urging service members to "refuse illegal orders."
Journalist Laura Jadeed slammed ICE for allegedly accepting her recruitment application without her submitting the proper paperwork and despite her rhetoric against Donald Trump.
Why confronting Holocaust history honestly matters today, as some attempt to censor truth and antisemitism rises in the U.S. and around the world.
Michael McKee murder suspect's Chicago apartment under police watch after accused of fatally shooting dentist Spencer Tepe and Monique Tepe in Columbus.
Senate Minority Leader Chuck Schumer and Senator Jack Reed have criticized Trump's Venezuela operation as constitutional overreach after Maduro's capture.
Former Secretary of State Hillary Clinton faces a House Oversight Committee subpoena Wednesday as part of the ongoing Jeffrey Epstein investigation proceedings.
An independent counsel wants former South Korean President Yoon Suk Yeol to face a death sentence demand on rebellion charges over his martial law declaration.
Acting ICE Director Todd Lyons claimed federal immigration agents are facing "constant attacks" during enforcement operations.
The U.S. intensified airstrikes in Somalia in January, targeting al-Shabab and ISIS-Somalia as AFRICOM warns the groups pose a growing threat to Americans at home and abroad.
Venezuela’s interim government freed at least four Americans in the first known release since a U.S. operation captured Nicolás Maduro.
Supreme Court women's sports cases prompt Cissie Graham Lynch of Samaritan's Purse to call the fight over women's athletics a 'Genesis 1 issue' rooted in biblical truth.
Minneapolis Mayor Jacob Frey defends 'peaceful' protests after the fatal ICE shooting of Renee Good in an interview with 'Fox & Friends.'