Tag: Pell Grant

Despite Supreme Court Smackdown, Biden Admin Plans to Wipe $39 Billion in Student Debt

Michigan Star Staff

The Department of Education (DOE) announced Friday that it will automatically forgive $39 billion of student loan debt for more than 804,000 borrowers, following a recent ruling by the Supreme Court that blocked the administration’s plan to grant forgiveness to nearly 40 million Americans.

The DOE will start notifying borrowers Friday that their federal student loans “will be automatically discharged in the coming weeks,” according to a DOE press release. The Supreme Court ruled 6-3 in June that the Biden administration cannot use executive power to cancel up to $10,000 in student loan debt for non-Pell Grant recipients and up to $20,000 for Pell Grant recipients.

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New Documentary Exposes Ivy League Privilege and the Students it Shuts Out

Admin

“Exclusion U,” a feature documentary released this year, details how Ivy League universities accumulate billions of dollars as they restrict class sizes, turn away qualified students, and favor the children of the rich.

“Ivy League endowments are worth $193 billion dollars, but they only educate 0.3 percent of U.S. undergrads,” the film’s narrator stated. “That’s less than 63,000 students.”

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Massive College Loan Scheme Bilks Taxpayers with Fake Enrollment Paperwork, Whistleblowers Say

Michigan Star Staff

Onetime employees of the University of Phoenix say the for-profit company conducted a potentially multi-billion dollar fraud on taxpayers by deliberately submitting false records to the federal government to enroll unqualified students and cash in on federal student loans.

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