Today's Video Headlines: 10/10/23
After barbaric Israel attack, Biden must get tough and stop appeasing IranUS church group trapped in Israel begs Biden administration to help evacuate citizens
The latest attempt will rest on a sweeping law known as the Higher Education Act, which gives the education secretary authority to waive student loans, although how far that power extends is the subject of legal debate. Much of the discussion centered on the shortcomings of existing student loan cancellation programs or problems caused by student loan interest.
She later clarified that the department’s next proposal “could cancel some borrowers’ debt completely, but it could not cancel all borrowers debt completely.” The administration plans to finalize the new rule sometime next year, but Education Secretary Miguel Cardona has declined to say if it will be in place before next fall’s presidential election. In a recent interview with The Associated Press, he said he’s working “as quickly as possible.”Some legal analysts see the court’s decision as a rejection of any mass cancellation without action from Congress.
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