No President has fought harder for student debt relief than President Biden, and he’s not done yet. President Biden and Vice President Harris will not let Republican elected officials succeed in denying hardworking Americans the relief they need. In light of the Supreme Court’s ruling this morning, President Biden and his Administration have already taken two…
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FACT SHEET: President Biden Is Taking Action to Lower Costs for Families and Fight Corporate Rip-Offs
President Biden is fighting to lower costs for American consumers—and he is taking action to address corporate price gouging. Congressional Republicans have no plan to lower costs for Americans and have instead proposed giveaways to the wealthy, big corporations, and Big Pharma that will increase the cost of prescription drugs, utility bills, health insurance premiums,…
FACT SHEET: The Biden-Harris Administration Launches the SAVE Plan, the Most Affordable Student Loan Repayment Plan Ever to Lower Monthly Payments for Millions of Borrowers
See President Biden’s Video Announcing the Plan HERE: “Today I’m proud to announce a new program called the SAVE Plan. It’s the most affordable student loan plan ever.” Borrowers can sign up by visiting StudentAid.gov/SAVE The Biden-Harris Administration believes that education beyond high school should unlock doors to opportunity, not leave borrowers stranded with debt they cannot…
FACT SHEET: Vice President Kamala Harris, Administration Officials Launch “SAVE Day of Action” to Highlight Cross-Sector Actions to Boost Enrollment in the SAVE Plan
Vice President Harris highlights: “President Biden and I know that far too many people in our nation are struggling with student loan debt. That is why we have forgiven nearly $144 billion for almost four million Americans while also creating the SAVE Plan so that millions of people can cut their payments in half or…
The Economics of Administration Action on Student Debt
Higher education financing allows many Americans from lower- and middle-income backgrounds to invest in education. However, over the past 30 years, college tuition prices have increased faster than median incomes, leaving many Americans with large amounts of student debt that they struggle or are unable to, pay off. Recognizing the burden of this debt, the…
Neera Tanden Remarks to Press on Student Debt Relief
As Prepared For Delivery: Good morning, everyone. Thank you for joining today’s call on new actions the Biden-Harris Administration is taking to continue to improve the student loan program. From Day One, President Biden has been focused on providing much-needed relief to student loan borrowers. The Biden-Harris Administration has approved $117 billion in targeted relief…
FACT SHEET: Biden-Harris Administration Announces New Actions to Support and Strengthen the Teaching Profession
Today, ahead of Teacher Appreciation Week, the Biden-Harris Administration is announcing new efforts to strengthen the teaching profession and support schools across the country, including actions to increase teacher recruitment and retention, new data on how fixes to Public Service Loan Forgiveness (PSLF) are benefitting teachers in every state and Congressional district, and new funding…
A Proclamation on National Historically Black Colleges and Universities Week, 2023
Our Nation’s Historically Black Colleges and Universities (HBCUs) are rooted in a fundamental tenet of our democracy: A quality education is a right that belongs to all people, and every single American should be free to pursue the limits of their talent and ambition. During National Historically Black Colleges and Universities Week, we…
Background Press Call by Senior Administration Officials on the Biden-Harris Administration’s New SAVE Plan
Via Teleconference 4:03 P.M. EDT MR. FERNÁNDEZ HERNÁNDEZ: Good afternoon, everyone. Thank you for joining our press call. As a reminder, the contents of this call will be embargoed until 8:30 a.m. Eastern tomorrow. First, you will hear on the record from White House Domestic Policy Advisor Neera Tanden, then Secretary of Education Miguel Cardona.…
Press Briefing by Press Secretary Karine Jean-Pierre, Secretary of Education Miguel Cardona, and Deputy Director of the National Economic Council Bharat Ramamurti
James S. Brady Press Briefing Room 4:30 P.M. EDT MS. JEAN-PIERRE: All right. Good afternoon, everybody. Q Good afternoon. MS. JEAN-PIERRE: Okay. So, today, we’re joined by Secretary of Education, Miguel Cardona, and Deputy NEC Director, Bharat Ramamurti. They’re here to speak about the Supreme Court’s decision on st- — on the student debt relief…
