Tag: Cancellation

MAGA Judges Shamefully Invalidate Biden’s Student Loan Cancellation, Taking Away Economic Relief for 40 Million Americans

judges, Biden's, economic, MAGA, Million, Cancellation, Americans, Shamefully, student, Taking, relief, away, loan, invalidate0 comment

Washington, D.C. – In response to the Supreme Court’s decision in Biden v. Nebraska, MoveOn Political Action will speak alongside borrowers and allies from the Student Borrower Protection Center (SBPC), Young Invincibles, NAACP, MoveOn, Student Debt Crisis Center, Center for Responsible Lending, We the 45, and more today at noon ET in front of the Supreme Court on the urgent need for immediate and automatic debt relief. Move On Political Action Executive Director Rahna Epting also issued the following statement:  “Today’s decision means tens of millions of borrowers are now…

Read More...

MoveOn Executive Director Rahna Epting on Federal Student Loan Cancellation

director, executive, federal, student, loan, MoveOn, Rahna, Epting, Cancellation0 comment

Washington, D.C. – In response to President Biden’s student debt relief plan, MoveOn Executive Director Rahna Epting issued the following statement: “President Biden’s executive order, canceling $ 10,000 in federal student debt for most borrowers, canceling $ 20,000 in loans for Pell Grant recipients, reforming income-based repayment plans to benefit borrowers, and extending the payment pause until the end of the year, marks the biggest and boldest action a president has ever taken to provide student debt relief to struggling families.  “The executive order will give millions of people relief…

Read More...