Friday, June 9, 2023

US justice backs cancellation of student loans promoted by Biden

United States Justice On Thursday, a blockade by six states led by the Republican Party was rejected student loan forgiveness Declared by the country’s president, democracy Joe Biden.

magistrate henry autrey The Court of the Eastern District of Missouri (USA) issued an order holding that the six plaintiffs were not parties affected by the cancellation of the publicized debt from the White House and therefore rejected their request to block Biden’s move.

The states of Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina sued the government, asking it to block the cancellation, noting that Biden had crossed borders with the decision and that he had unilaterally There was a lack of power to decree something like this.

In late August, Biden announced that Millions of university students waived part of the loans they contracted with the federal government to be able to pay for their studiesFor the youth vote with just over two months to go before the legislative elections.

The announcement came after months of internal debate within the government and halted student loan payments in 2020 as a pandemic relief measure.

“Fulfilling one of the promises of my campaign, my administration announces plans to provide some relief to working and middle-class families.”Biden noted.

the president informed Debt cancellation up to $10,000 per student (approximately 9.8 million Chilean pesos)but that solution It will only benefit those who earn less than $125,000 (122 million Chilean pesos) annually or who are getting married, those with an annual income of less than $250,000 (244 million Chilean pesos).

In an effort to help low-income students, Biden also noted that $20,000 (19.6 million Chilean pesos) in debt contracted by beneficiaries of the Pell scholarship will be canceledwhich benefit large numbers of low-income Hispanic and African-American students.

Nation World News Desk
Nation World News Desk
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