Biden Admin Cancels Another $4.9 Billion in Federal Student Loan Debt

Published on January 19, 2024

The U.S. Department of Education on Friday said it’s canceling nearly $5 billion in federal student loan debt owed by some 73,600 borrowers, a majority of whom are public servants. The announcement marks the the latest effort by the Biden administration to target specific groups of federal student loan borrowers by tweaking and expanding rules under existing relief programs, after the U.S. Supreme Court shot down its broader and more expensive debt cancellation plan. Of those 73,600 beneficiaries announced on Friday, 43,900 are receiving $3.2 billion in student loan discharge through Public Service Loan Forgiveness, a program that erases outstanding student loan balances for those working in public service jobs like teachers, nurses, or police officers once they have made 10 years of qualifying payments....

Continue reading on website
Other news

FDA Adds Boxed Warning to Prolia, Cautions Medication Could Cause Severe Hypocalcemia

January 19, 2024
Prolia (denosumab), a medication prescribed to treat osteoporosis, will now come with a boxed warning that taking it could increase a patient’s risk of developing low blood calcium levels, a condition known as hypocalcemia.Patients with mineral or bone disorders or who suffer from chronic kidney disease and take Prolia are particularly at risk for developing the illness. According to the U.S. Food

The House Panel Giving Washington a Reality Check on China

January 19, 2024
Through the back door of a New York City building, some of the most potent American business leaders were smuggled in for a tabletop exercise simulating a Chinese invasion of Taiwan.The secrecy made it look like they were “in a witness protection program because they were so concerned about retaliation from the CCP [Chinese Communist Party],” said Rep. Mike Gallagher (R-Wis.), who hosted the exerc