Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

JUST IN: White House Extends Student Loan Repayment Pause Through June 2023 as Bailout Plan Remains in Limbo

by November 22, 2022
November 22, 2022
JUST IN: White House Extends Student Loan Repayment Pause Through June 2023 as Bailout Plan Remains in Limbo

The White House on Tuesday extended the student loan payment pause through June 2023.

“I’m confident that our student debt relief plan is legal. But it’s on hold because Republican officials want to block it.” Biden said in a video posted to Twitter on Tuesday afternoon.

“That’s why Secretary Cardona is extending the payment pause to no later than June 30, 2023, giving the Supreme Court time to hear the case in its current term.” Biden said.

I’m confident that our student debt relief plan is legal. But it’s on hold because Republican officials want to block it.

That’s why @SecCardona is extending the payment pause to no later than June 30, 2023, giving the Supreme Court time to hear the case in its current term. pic.twitter.com/873CurlHFZ

— President Biden (@POTUS) November 22, 2022

Joe Biden’s student loan bailout plan is currently in limbo after the 8th Circuit Court of Appeals imposed an injunction in response to a legal challenge.

The Justice Department last Friday asked the Supreme Court to intervene and lift the block on Joe Biden’s student loan bailout plan.

Joe Biden unilaterally announced a massive forgiveness of student loans in August to buy the Gen Z-Millennial vote in the 2022 midterms.

Biden canceled up to $10,000 in student debt for borrowers who earn $125,000 a year or less and up to $20,000 for recipients of Pell Grants.

The 8th US Circuit Court of Appeals last Monday extended a block on Joe Biden’s student loan bailout plan.

Biden is extending the student loan payment pause while DOJ lawyers ask the Supreme Court to lift the 8th Circuit Court’s block.

The post JUST IN: White House Extends Student Loan Repayment Pause Through June 2023 as Bailout Plan Remains in Limbo appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
Another Competitor in the Woke Olympics: The National Hockey League Tweets “Trans Women Are Women”
next post
Mask Mandates Could Make Return After HHS Report Says Masking Should Be Encouraged Or Mandated

You may also like

CAUGHT ON VIDEO: Beto O’Rourke Campaign Workers Raid...

October 4, 2022

BREAKING: Corrupt Jan 6 Committee Subpoenas President Trump

October 21, 2022

House Republican cracks down on foreign cash funneled...

February 1, 2024

DeSantis lets loose on Florida ‘obsessed’ Kamala Harris...

July 22, 2023

Texas judge hearing abortion pill case appointed by...

March 16, 2023

Kevin McCarthy Says He Plans To Hold Hearings...

November 23, 2022

House Freedom Caucus heading to White House after...

May 21, 2025

Israel, Hamas start 4-day cease-fire in Gaza war,...

November 24, 2023

Sweden, Finland and Norway release new advice on...

November 19, 2024

HE’S SHOT: Joe Biden: “The Right That I...

October 18, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Poundland faces stock shortages as big brands tighten terms following £1 sale

      July 11, 2025
    • Sandbanks bubble bursts as buyers flee Labour’s ‘tax bombs’ for sunnier shores

      July 11, 2025
    • State Department to begin mass layoffs of about 1,800 employees in coming days

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration, and he’s not the only one wearing multiple hats

      July 11, 2025
    • ‘It will happen quickly’: State Dept poised to act after Supreme Court green-lights agency layoffs

      July 10, 2025
    • Hegseth tears up red tape, orders Pentagon to begin drone surge at Trump’s command

      July 10, 2025

    Categories

    • Business (8,446)
    • Investing (2,115)
    • Politics (16,003)
    • Stocks (3,199)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved