WASHINGTON — The U.S. Department of Education unveiled a proposal Tuesday that would overhaul a federal student loan income-driven repayment plan, and, if implemented, could help millions of low-income borrowers. However, it’s unclear how the agency would be able to finance the program. Many student debt relief advocates also criticized the proposal for leaving out graduate students and parental loans.
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US Education Secretary Miguel Cardona
US Education Secretary Miguel Cardona
First Lady Jill Biden will accompany Sec. Miguel Cardona to NC next week as part of "Road to Success Back to School Bus Tour" WASHINGTON — Amid K-12 teacher shortages, book bans and attacks over critical race theory, U.S. Education Secretary Miguel Cardona at a meeting with reporters on Wednesday stressed the need for higher salaries to attract prospective educators to the profession.
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Action comes as part of Biden administration's "borrower defense" initiative WASHINGTON — The U.S. Department of Education announced Wednesday that nearly 16,000 student borrowers would receive millions in loan repayments, after the department found that four private for-profit institutions made misleading claims about their job placement rates.
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When the COVID-19 pandemic closed schools in March 2020, most families with influence and wealth quickly and seamlessly shifted to remote learning. Affluent families already had high-speed internet connections and the electronic devices needed to navigate learning from home. Many also had the wherewithal to employ tutors and to create “learning pods” to keep students engaged while they learned remotely.
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