{"id":15794,"date":"2021-11-02T11:43:55","date_gmt":"2021-11-02T06:13:55","guid":{"rendered":"https:\/\/www.seminarsonly.com\/news\/?p=15794"},"modified":"2021-11-24T07:07:49","modified_gmt":"2021-11-24T01:37:49","slug":"forgiveness-of-student-loans-could-determine-if-biden-cancels-student-loans-in-the-future","status":"publish","type":"post","link":"https:\/\/seminarsonly.com\/news\/forgiveness-of-student-loans-could-determine-if-biden-cancels-student-loans-in-the-future\/","title":{"rendered":"Forgiveness of Student Loans Could Determine if Biden Cancels Student Loans in the Future"},"content":{"rendered":"<h2><span style=\"color: #800000;\">Forgiveness of Student Loans Could Determine if Biden Cancels Student Loans in the Future<\/span><\/h2>\n<p>In response to a new FOIA request, a heavily redacted memo on the president&#8217;s legal authority to cancel student loans on his own was revealed. Acting Department of Education general counsel wrote the seven-page memo, which is titled &#8220;The Secretary&#8217;s Legal Authority for Broad-Based Debt Cancellation,&#8221; and is addressed to US Secretary of Education Miguel Cardona. The memo was dated April 5, 2021.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-7200 aligncenter\" src=\"https:\/\/www.seminarsonly.com\/news\/wp-content\/uploads\/2021\/07\/biden.jpg\" alt=\"biden\" width=\"450\" height=\"338\" srcset=\"https:\/\/seminarsonly.com\/news\/wp-content\/uploads\/2021\/07\/biden.jpg 450w, https:\/\/seminarsonly.com\/news\/wp-content\/uploads\/2021\/07\/biden-300x225.jpg 300w, https:\/\/seminarsonly.com\/news\/wp-content\/uploads\/2021\/07\/biden-326x245.jpg 326w, https:\/\/seminarsonly.com\/news\/wp-content\/uploads\/2021\/07\/biden-80x60.jpg 80w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\"><span style=\"color: #800000;\">Student loan cancellation<\/span><\/h2>\n<p>If you want to cancel your student loans, send a letter to your parents explaining why.<\/p>\n<p>Without Congressional approval, the president&#8217;s legal authority to issue an executive order cancelling student loans;<\/p>\n<p>Recommendations on how and when to forgive student loans;<\/p>\n<p>Alternatives to the Cares Act&#8217;s temporary student loan forbearance will be explored after that programme expires.<\/p>\n<p>Arguments in favour of and against the cancellation of student loan debt<\/p>\n<p>How much of your student loan debt can be forgiven if any; and<\/p>\n<p>How broad the student loan cancellation programme will be compared to a more targeted approach, and who might be eligible for it<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"39W2KIVR5K\"><p><a href=\"https:\/\/www.seminarsonly.com\/news\/myfedloan-https-myfedloan-org-visit-myfedloan-org-pslf-today\/\">Myfedloan : https \/\/myfedloan.org\/ : VISIT MyFedLoan.org\/PSLF TODAY<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Myfedloan : https \/\/myfedloan.org\/ : VISIT MyFedLoan.org\/PSLF TODAY&#8221; &#8212; Seminarsonly.com\" src=\"https:\/\/www.seminarsonly.com\/news\/myfedloan-https-myfedloan-org-visit-myfedloan-org-pslf-today\/embed\/#?secret=O1fW7VxePN#?secret=39W2KIVR5K\" data-secret=\"39W2KIVR5K\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>It was reported by the New Yorker that the documents were obtained via Freedom of Information Act request by a membership-based union called Debt Collective from the Department of Education. Student loan forgiveness memo may have been in existence since February 2021, and an updated draught may have been finished in early April 2021, according to the documents.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"WCaGjKE1l8\"><p><a href=\"https:\/\/www.seminarsonly.com\/news\/online-loans-for-bad-credit-best-bad-credit-loans-in-july-2021\/\">Online Loans for Bad Credit : Best Bad Credit Loans in July 2021<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Online Loans for Bad Credit : Best Bad Credit Loans in July 2021&#8221; &#8212; Seminarsonly.com\" src=\"https:\/\/www.seminarsonly.com\/news\/online-loans-for-bad-credit-best-bad-credit-loans-in-july-2021\/embed\/#?secret=0WsNx9qyTi#?secret=WCaGjKE1l8\" data-secret=\"WCaGjKE1l8\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Debt Collective and others have made a number of claims about the social media memo and what it means for your student loan debt based on these documents. Debt Collective Take a look at these assertions and what they mean for your student loan debt in one quick snapshot<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forgiveness of Student Loans Could Determine if Biden Cancels Student Loans in the Future In response to a new FOIA request, a heavily redacted memo on the president&#8217;s legal authority&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4854,4849,4851,4855,4850,4852,4856,4853],"class_list":["post-15794","post","type-post","status-publish","format-standard","hentry","category-news","tag-employer-student-loan-repayment-program","tag-federal-employee-student-loan-repayment","tag-federal-employee-student-loan-repayment-for-spouse","tag-federal-student-aid","tag-federal-student-loan","tag-federal-student-loan-repayment-program-agencies","tag-student-loan-forgiveness-application","tag-student-loan-forgiveness-for-federal-employees"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Forgiveness of Student Loans Could Determine if Biden Cancels Student Loans in the Future - Seminarsonly.com<\/title>\n<meta name=\"description\" content=\"In response to a new FOIA request, a heavily redacted memo on the president&#039;s legal authority to cancel student loans on his own was revealed. 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