Showing posts with label student loan forgiveness. Show all posts
Showing posts with label student loan forgiveness. Show all posts

Sunday, September 17, 2023

A constitutional revolution is underway at the Supreme Court, as the conservative supermajority rewrites basic understandings of the roots of US law

  In a 2006 episode of the television show “Boston Legal,” conservative lawyer Denny Crane asserted that he had a constitutional right to carry a concealed firearm: “And the Supreme Court is going to say so, just as soon as they overturn Roe v. Wade.”

  That was a joke, an unimaginable event, when the show aired 17 years ago. Then in 2022, the court announced both changes, shifting the butt of a joke to the law of the land in a brief span of years – and signaling the start of what is sometimes called a “constitutional revolution.”

  Scholars describe a constitutional revolution as “a historic constitutional course correction,” or a “deep change in constitutional meaning.”

Wednesday, August 31, 2022

Student loan forgiveness – experts on banking, public spending and education policy look at the impact of Biden’s plan

  President Joe Biden announced a program to provide student debt relief to millions of borrowers of federal loans. The plan would offer up to US$10,000 in forgiveness for people who earn less than $125,000 – $250,000 for couples – and up to $20,000 for Pell Grant recipients. Biden also extended the pause on repaying federal student loan debt through Dec. 31, 2022, and has proposed a cap on income that can be used to calculate how much borrowers repay through income-driven repayment.

  We asked three experts to explain the decision and its impact.