student loans | The Ohio Star

House Passes Bill to Repeal Biden’s Student Loan Repayment Plan

December 8, 2023 Ohio Star Staff

The House of Representatives on Thursday passed a bill that would repeal the student loan plan issued by the Biden administration after its original plan was ruled unlawful by the Supreme Court.

The Saving on a Valuable Education (SAVE) plan was issued by the Department of Education on July 10, less than two weeks after the Supreme Court struck down the administration’s plan to forgive $10,000 of student debt held by all borrowers making less than $125,000 a year. House Republicans, who have opposed all student debt forgiveness plans by the administration, passed a bill that would repeal the SAVE plan on Thursday, by a vote of 210 yeas to 189 nays.

Vivek Ramaswamy Reacts to SCOTUS Ruling on Biden Administration’s Student Loan Forgiveness Program

June 30, 2023 Kaitlin Housler

GOP presidential candidate Vivek Ramaswamy released a video statement Friday after the U.S. Supreme Court struck down the Biden administration’s proposal to unilaterally cancel hundreds of billions in student loan debt.

Ohio Think Tank Asks Supreme Court to Kill Biden Student-Debt-Forgiveness Plan

February 6, 2023February 5, 2023 Bradley Vasoli

A center-right policy-research center based in Columbus, OH is asking the U.S. Supreme Court to nix President Joe Biden’s plan to forgive almost $500 billion in unpaid student loans.

Nebraska and six other states sued the Biden administration to stop the program that Congress never authorized. Last November, petitioners succeeded in getting a three-judge panel of the U.S. Court of Appeals for the 8th Circuit to pause implementation of the plan. The following month, the U.S. Supreme Court agreed to hear the case and oral arguments have been scheduled for February 28.

Ohio Bill Would Help Rural Lawyers Repay Student Loans

November 20, 2022November 19, 2022 The Center Square

The Ohio House of Representatives wants to spend $3 million the next two fiscal years to help rural lawyers pay off their student loans.

The Rural Practice Incentive Program, passed by the House, would reduce the student loan debt on prosecutors and public defenders in most rural Ohio communities. The $3 million, according to the Ohio Legislative Commission, would be set aside for the first two years, and the overall cost would be determined by the number of participants in the program.

Ryan to Appear with Biden in Ohio Despite President’s Low Approval Rating

August 29, 2022August 28, 2022 Bradley Vasoli

U.S. Representative Tim Ryan (D-OH-13), a candidate for U.S. Senate in Ohio, said this weekend that he will make a public appearance alongside President Joe Biden despite the latter’s abysmal approval rating in the Buckeye State.

A July survey from Morning Consult indicated Biden suffered from a -23-point net approval rating in Ohio. Ryan is himself struggling to win sufficient favor with Ohioans in his race against Republican attorney, venture capitalist and author J.D. Vance who maintains a 3.7-point average polling lead against the Democrat according to RealClearPolitics.com.

Commentary: Student Loan ‘Forgiveness’ Is Another Slight to Blue-Collar Workers

August 26, 2022August 25, 2022 Ohio Star Staff

The Biden administration has announced that the federal government will enact a $10,000 per borrower student loan bailout for those with annual incomes as high as $125,000 (or $250,000 for households). This legally dubious action represents an upward redistribution of wealth from hard-working taxpayers toward the higher-income minority of Americans who have a college degree, all the while doing nothing to solve the ongoing challenge of rising college costs.

Ohio Senate Candidates Slam Biden’s Handout to Student Debtors

August 26, 2022August 25, 2022 Bradley Vasoli

Both U.S. Senate candidates from Ohio criticized President Joe Biden for forgiving $300 billion in student-loan debt, with Republican J.D. Vance issuing a particularly scathing rebuke for what he called “an elite giveaway on the backs of American workers.”

“Today, in the midst of a historic inflation crisis, Joe Biden supplied a $300 billion giveaway to college graduates – paid for by single moms in the form of higher food prices, by trade workers in the form of higher taxes, and by the next generation of students in the form of higher tuition,” the attorney, venture capitalist and author said in a statement.

Commentary: Federal Student Loans Create College Rankings Scandals

May 10, 2022May 9, 2022 RealClearWire

A whistleblower lawsuit filed last month alleges that Rutgers University’s business school artificially boosted its rankings by using a temp agency to hire MBA graduates and place them into “sham positions at the university itself,” according to NJ.com, which first reported the news. Though shocking, the scandal is the natural result of the incentives the federal government has set up for schools through uncapped student loan subsidies for graduate programs.

Rutgers has denied the charges. But the allegations are credible when considering the source: the lawsuit was filed by Deidre White, the human resources manager at Rutgers’ business school. Days later, a separate class-action lawsuit was filed by one of Rutgers’ MBA students.

Commentary: One Simple Change to Begin Reversing the Left’s Takeover

September 22, 2021September 21, 2021 Ohio Star Staff

Take heart. The resurgence of a freedom-based conservatism has already begun. On the other side of the pandemic tyranny, the debacle in Afghanistan, and the catastrophic reckoning with inflation, Americans will be ready to be rid of the screechy pseudo-intellectuals who ruin everything. When that day comes, it’s critical we take steps to eliminate the Left’s toxic syndicate that indoctrinated so many Americans. It’s not enough to beat them back. We must look to the source of this poison that almost overtook our country.

There are so many problems that need to be unwound. Leftist authoritarianism has infected everything as indoctrinated graduates began assuming leadership roles in heretofore apolitical organizations from churches to school boards to the military. Instead of trying to fight the battle on every front, we should look first to stopping it at its source: Academics unmoored from market incentives.

Biden Administration Plans to Cancel $5.8 Billion More in Student Loan Debt

August 21, 2021August 20, 2021 Ohio Star Staff

The Department of Education announced Thursday that it will cancel student loan debt for over 300,000 borrowers with severe disabilities.

The program, set to erase over $5.8 billion in total debt, will begin in September and apply to over 323,000 borrowers classified as having a “total and permanent disability” by the Social Security Administration (SSA), the Education Department announced. Borrowers will now receive automatic discharges of their debt, whereas previously needed to fill out applications.

“Today’s action removes a major barrier that prevented far too many borrowers with disabilities from receiving the total and permanent disability discharges they are entitled to under the law,” Education Secretary Miguel Cardona said in the announcement.

Commentary: American Armageddon

August 13, 2021August 12, 2021 Ohio Star Staff

Americans are growing angrier by the day in a way different from prior sagebrush revolts such as the 1960s Silent Majority or Tea Party furor of over a decade ago.

The rage at the current status quo this time is not just fueled by conservatives. For the first time in their lives, all Americans of all classes and races are starting to fear a self-created apocalypse that threatens their families’ safety and the American way of life.

Biden to Extend Student Loan Payment Freeze Until September 2021

January 21, 2021January 20, 2021 Ohio Star Staff

President-elect Joe Biden will order the Department of Education to extend the student loan payment moratorium through September in one of his first presidential moves.

Joe Biden is set to sign the executive order on Wednesday following his inauguration, extending the current pause on student loan payments, which has been in effect since March, according to CBS News. The order is a fulfillment of Biden’s campaign promise to prioritize the U.S. student loan debt crisis.

Commentary: Forgiving Student Loans Fails Econ 101

December 17, 2020December 16, 2020 Ohio Star Staff

If Joe Biden sticks to his campaign promises, student loan forgiveness will be part of his plan as president to combat our shutdown in economic activity. Forgiving student loans would be ill-advised during normal times. It is downright irresponsible pandering during our current situation.

‘Shadow’ Lenders Can Leave College Students in the Dark

July 22, 2020July 21, 2020 The Associated Press

A new high school graduate may take out about $37,200 in student loans for college, according to a recent NerdWallet study.

And for many of them, that won’t be enough.

Trump Signs Executive Order to Wipe Out ‘Every Penny’ of Student Debt for Severely Disabled Vets

August 22, 2019August 22, 2019 Ohio Star Staff

President Donald Trump signed an executive order Wednesday directing the Department of Education to eliminate “every penny” of student loan debt owed by more than 25,000 disabled veterans.

Josh Hawley to Introduce Bill That Would Hold Universities Financially Liable for Defaulted Student Loans

July 17, 2019July 17, 2019 Ohio Star Staff

by Andrew Kerr Republican Sen. Josh Hawley of Missouri announced Tuesday he will introduce two pieces of legislation this week targeting institutions of higher education, one of which would put universities on the hook financially if its students are unable to repay their student loans. Americans hold nearly $1.5…

Commentary: Sen. Alexander’s Solution to the Student-Loan Crisis Misses the Point

February 24, 2019February 24, 2019 Ohio Star Staff

by Chloe Anagnos The debate surrounding the student-debt crisis in America continues to prompt both lawmakers and political commentators to discuss the matter as they search for a way to address the issue. But as expected, whenever policy solutions are debated, the fact that the crisis was manufactured by government…

Federal Report Says Millennials Are Poorer Than Other Generations

December 16, 2018December 15, 2018 Ohio Star Staff

by Ryan McMaken One of the challenges in looking at income and wealth data is getting a sense of how different demographic groups are affected. It’s relatively easy to find median income and wealth data over time for the entire population, for example. But then problems of interpretation immediately…

If Elected to Congress State Sen. Mark Green Would Propose Student Loan Payback Program With Employer Contribution Just Like 401Ks

August 14, 2018August 13, 2018 Julie Carr

Steve Gill and 7th District Republican Congressional nominee State Senator Dr. Mark Green (R-Clarksville) sat down for an extensive interview about Green’s candidacy for Congress , and his position on a broad range of issues important to Tennesseans. The cost of higher education and skyrocketing student debt was among them…