Politics and Current
What Black student loan borrowers need to know about Biden’s new “Plan B” for debt relief

The collective plan goals to provide significant relief to Black borrowers who rely more heavily on student debt than white families and who take longer to repay, the Biden-Harris administration says.
President Joe Biden announced his long-awaited Plan B for student loan debt relief on Monday, almost a yr after the U.S. Supreme Court struck down his original program. A White House statement said the new plan would supply “significant relief” to Black and Latino borrowers.
“We know that there are large racial disparities in the student loan program, with students of color more likely to borrow larger amounts and have greater difficulty repaying (their loans),” US Under Secretary of Education James Kvaal told the Grio. Additionally, he said, this system would have a “positive impact on the racial wealth gap.
“Most black borrowers have more than 10 years of debt out of school than they originally borrowed due to higher interest rates than repayments,” Kvaal explained. “We need to bring relief to anyone struggling with their student loans.”
What is Biden’s plan B?
The announcement includes five methods to “fix” the federal student loan program, including allowing debt forgiveness for borrowers who owe more today than after they began repayment, who’ve been in debt for 20 years or longer and who’re experiencing financial hardship.
The Biden-Harris administration says the plan goals to provide significant relief to Black borrowers, who rely more heavily on student debt than white families and who take longer to repay their loans. Combined with existing federal government programs which have forgiven $140 billion in student loan debt for 4 million borrowers, the administration anticipates that greater than 30 million Americans will profit from some type of relief.
Borrowers who owe greater than the unique balance when interest payments begin can be eligible for federal student loan forgiveness, which Kvaal said amounts to about 25 million borrowers. This can be particularly vital for black borrowers who’re more likely to see their balances increase, According to to the Brookings Institute.
As for the debt relief program for vulnerable people, Kvaal said the Biden-Harris administration would consider health care costs or other “unusual family expenses.”
“We have a number of programs aimed at reducing payments or forgiving loans to people who are having trouble repaying their loans for a number of reasons,” he said. “But there are still many people who slip between these programs and struggle to repay their loans. These difficulties are intended to give us the flexibility to help additional people who really need it.”
Other plans announced Monday include the opportunity of debt forgiveness for borrowers who attended institutions that “failed to meet accountability requirements” or “failed to provide sufficient financial value to students.” These are educational institutions where the administration determines the offer of programs that don’t lead to paid work. Some institutions have been punished for being predatory lenders to students. Another principle of Plan B is to make efforts to be certain that existing programs can be found to those that qualify but haven’t yet applied.
When will student debt relief be granted?
While Plan B has been highly anticipated, particularly amongst black borrowers, it would not be implemented for several months. The next phase of the federal rulemaking process can be to allow the general public to provide comments on proposed programs before they change into policy.
The legal framework for the new program relies on the Higher Education Act, unlike the previous program under the HEROES Act, which was created in response to the economic hardships related to the COVID-19 pandemic and was rejected by the Supreme Court in June 2023.
Kvaal told the Grio day by day that the administration’s goal is to “finalize these plans” and “start providing student aid” by the autumn, likely just before Election Day on November 5.
Reactions to Biden’s student debt relief program
Although borrowers can have to wait somewhat longer, student loan advocates are praising Biden’s new plan.
U.S. Rep. Ayanna Pressley, D-Mass., said in an announcement that Plan B is “a powerful testament to borrowers across the country who have fought for economic justice and continued to advocate for student debt despite obstacles from the Supreme Court and Republicans.”
“While we will continue to press for further action that matches the scale of the crisis, this is a historic day and today’s announcement sets us on a path to ensure that more than 30 million borrowers and their families will receive life-changing student debt relief this year,” the statement continued.
Wisdom Cole, national director of the NAACP youth and college chapter, told the Grio that the president’s new plan is “a step in the right direction.”
Cole, one in every of the civil rights group’s lead negotiators in the course of the lawmaking process, said the administration “has hit a really great place.”
“Eliminating runaway interest and people having a balance larger than they originally owed is definitely a key benefit,” Cole said. “Eliminating this will actually enable people to become home owners (and) business owners.”
A student debt relief advocate said Biden canceled the “largest amount of student debt in U.S. history” because advocates and community leaders organized and “made it a priority issue.”
“This is a phenomenal opportunity to invest in our community,” he said.
What’s not in Biden’s student debt relief plan??
Still, Cole acknowledged that the civil rights community had urged the federal government to go further. For example, a proposal to create more debt relief pathways for incarcerated Americans shouldn’t be included in Plan B.
“There are some areas we still need to explore,” he said. “Some people in this situation will never be able to repay this debt. Many of the proposals that we discussed and submitted to the Department of Education gave people a chance to really engage with this economic system.”
Cole said the federal government must proceed to “do more” to address “problems in higher education,” especially how much higher education costs have increased over the many years. “If we really want to solve this problem, we need to start talking about free college. We need to start talking about college affordability,” he said. “It’s a good, ongoing conversation.”
Referring to the November election, Cole said: “Young people want to make sure that their politicians actually keep their words because we have influence.”
He added: “It’s actually an opportunity to see the promises made being kept.”
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The post What Black Borrowers Need to Know About Biden’s New ‘Plan B’ for Debt Forgiveness appeared first on TheGrio.
Politics and Current
Donald Trump under fire after he was caught on Hot Mic

In some ways, the White House tried to manage the narrative on Wednesday.
After taking on the rotation of reporters allocated to cover the day by day schedule of the president – work previously carried out by Association of White House Corresponders -President Donald Trump went a step further, asking one in every of the reporters of the brand new within the press pool, together “Fox and Friends” by Lawrence Jones to say to the viewers: “We did a great job, please. Ok? “
“Say it was unbelievable,” said the president after casting the primary meeting of the office of the second term on February 26. The White House was already cut off, however the Audio Associated Press channel remained and captured the moment of a hot microphone.

Jones, who has already lobbyed a number of inquiries to Softball for the president (including “Who is your favorite member of the office?”) I didn’t disappoint.
“The president chose members of the office who can really present their ideas and their ideas. He does not have to worry that they will leave and blow up everything-they are on the same side, “said the co-host Steve Doocy.
“I also think it’s great,” Jones replied. “They are guys who normally – and girls – are used to communicate their ideas. They divide the president’s vision and communicate it in such a concise way. I don’t think we’ve ever seen it in administration. “
“It is people who show how uncertain this president is,” said one in every of the critics who responded to a viral report on the moment of Caugh-on-Camera. “He knows that most of them we watched, right?” Someone said.
In fact, the meeting was dominated by Elon Muskwho opened with a weak joke, saying: “Well, I should simply call myself modest technical support,” and from there he initiated. Photos showed that the president was napping through the presentation of Musk.
Referring to his work as “necessary”, Musk presented one other federal agency within the Doge chopping block. “We spend lots within the defense department, but we spend that over a trillion dollars for interest. If this happens, the country goes, it is going to turn into de facto bankrupt – he said.
Jones was not the one Trump friendly correspondent who joined the press pool on Thursday.
The correspondent of Brian Glenn’s chief house from Real America, perhaps essentially the most absorbing the Networks Pro-Trump network, and the correspondent of the White House Newsmax, James Rosen, were a part of Gaggle, replacing older media, including the Associated Press, which was blocked within the events of the White House for refusing to call the Mexican bay with Mexico with Mexico with Mexico with Mexico with Mexican America after the president announced a change performed by the manager.
Meanwhile, the Association of White House correspondents announced that it might now not coordinate the common range of the White House until the dispute over unlimited access to the media is sustained. Also on Wednesday, the president announced He will sue reporters who use the common practice of anonymous quotes in unfavorable stories or books about it. Such quotes are sometimes used to cause greater honesty from the source, which otherwise might be afraid to talk.
What does all this mean for residents? Less difficult questions and a more favorable relationship for the president, whose crossing of the management has now not checked by Congress.
This explains why this clip He was on the web on Thursday with “The Simpsons”. When the owner of the nuclear plant, Montgomery Burns, decides to use for the governor, his campaign suggests dinner with the Simpsons family to assist the energy director involved with voters from the working class. Lisa Simpson is forced to ask This is an issue From a guest dinner of a guest:
“Mr. Burns, your campaign seems to have a fugitive momentum. Why are you so popular?”
Get used to it.
(Tagstotransate) Donald Trump
Featured
USAID cuts are already hitting countries around the world. Here are 20 projects that have been closed

Countries around the world already feel the influence of Trump’s administration decision to eliminate over 90% of foreign assistance contracts and reduce the financing of around $ 60 billion. A number of hours after the announcement at the starting of this week, The programs have been closed, Leaving tens of millions of individuals without access to life -saving care.
About 10,000 contracts with the American International Development Agency were accomplished on Wednesday, in letters sent to non -governmental organizations around the world.
Letters said that the programs were rejected “for the convenience and interests of the US government”, based on an individual with knowledge of the content that they spoke on condition of anonymity because they weren’t authorized to talk publicly on this subject.
Many programs are present in the fragile countries that are highly depending on American help with a purpose to support healthcare systems, nutrition programs and stop hunger.
Here, several key projects around the world, which AP confirmed, have been closed:
1: In Congo, the motion of a bunch of help against hunger will stop to treat tens of hundreds of malnourished children from May, which, based on a charity, will make children put children in “deadly danger”.
2: According to the Committee on Cadastral Risk Management in Ethiopia in Ethiopia, help stopped for over 1 million people. The Ministry of Health was also forced to terminate the contract of 5,000 employees throughout the country, focused on stopping HIV and malaria, vaccination and assist in a difficult situation in coping with the trauma of war.
3: In Senegal, the largest malaria project was closed. According to a USAID worker, who was not authorized to talk over with the media. Mother and youngsters’s health and nutrition services were also closed. They provided look after tens of hundreds of pregnant women and treatment that would prevent acute malnutrition.
4: In South Sudan, the International Emergency Committee closed a project that provides access to prime quality health and nutrition services over 115,000 people.
5: The program closed by the Norwegian refugee council in Colombia left 50,000 people without saving their lives, including in the northeast, where the growing violence caused a humanitarian crisis once a generation. This included food, shelter, clean water and other basic items for people displaced in the region.
6: According to the International Rescue Committee, 90 community cuisines closed in the capital in the torn war of Sudan, leaving greater than half 1,000,000 people without consistent access to food.
7: According to Bangladesh, 600,000 women and youngsters will lose access to mother’s critical health care, protection against violence, reproductive health services and other life -saving care, in accordance with the United Nations Fund.
8. In small critical assistance, equivalent to access to water, food and health services for over 270,000 people, based on a help group, which didn’t wish to be listed for fear of repression.
9. Over 400,000 people in North Burkina Faso lost access to services equivalent to water. According to the help group, which didn’t want to get replaced for fear of a repressiveist.
10. In Somalia, 50 health centers serving over 19,000 people were closed per thirty days because health care employees are not paid, based on the American help group.
11. In Ukraine, based on money, humanitarian programs, which last yr reached 1 million people, were suspended, based on the spokesman for the Secretary General of the UN.
12. Hundreds of mobile health teams and other services were suspended in Afghanistan, they concerned 9 million people, based on the UN spokesperson.
13. According to the UN Secretary General in Syria in Syria, for about 2.5 million people in the northeast of the country ceased to supply services. Also in the north, a dozen or so health clinics, including the primary hospital recommending this area, closed, said doctors without borderlines.
14. In Kenya, over 600,000 people living in drought -harassed areas and chronic sharp malnutrition will lose their access to the rescue lifetime of food and nutrition, based on Mercy Corps.

15. At Haiti, 13,000 people lost access to dietary support, in accordance with actions against hunger.
16. In Thailand, hospitals help around 100,000 Refugees from Myanmar According to the Border Consortium of the Help Group, closed.
17. According to the International Emergency Committee in Nigeria, 25,000 extremely malnourished children will stop to receive food assistance until April.
18. A program to enhance access to warning systems for disabled people for disabled people was detained in the Philippines.
19. In Vietnam, a program helping disabled people through training carers and providing medical care at home stopped, in accordance with humanity and integration.
20. In Yemen, 220,000 resettled people will lose access to mother’s critical health care, protection against violence, treatment of rape and other life -saving care, in accordance with the United Nations Fund.
———————–
The Associated Press Writers Sylvie Corbet got here in Paris, France, Robert Badendieck in Istanbul, Turkey, Evelyn Musambi in Nairobi, Kenya, Thalia Beata in New York and Edith Lederer in the United births contributed to this report.

(tagstransate) @AP
Politics and Current
Speaker of the New York Council Adrienne Adams is considering Burmoral Run

The speaker of the City Council in New York Adrienne Adams submitted documents to the financial council of the New York campaign to be able to create a campaign committee in the upcoming mayor’s race.
“We currently have chaos and we have reduced confidence in the other side of the town hall,” Adams said in an interview with Gothamist. “That is why I am seriously considering the campaign to become the first woman of the mayor of New York.”
In addition to becoming the first woman chosen as the mayor, Adams could be the first black woman and the first speaker of the city council who took the highest elected place in New York.
confirmed that Adams would do it Wait until the next week to make the final decision to launch. It is expected to offer the address of the “city state” on March 4.
“I wasn’t looking for it; It was not in my plans – she said, adding, “I believe someone have to be the soul of the city.”
A possible Adams offer for the mayor comes amongst the precipitation with the current mayor, Eric Adams. Adams, who is not related to the mayor, recently joined other city leaders, asking him to subside because of the corruption scandal.
If he joins the race, Adams will join the crowded, qualified field. Comptroller City Brad Lander and his predecessor Scott Stringer, Queens Assemblymber Zohran Mamdani, senator of the state Queens Jessica Ramos and senator of State Brooklyn Zellor Myrie.
There were also rumors that the New York Governor Andrew Cuomo was considering returning to politics and applying for the mayor.
A recent survey with the Honan Strategy Group showed that Cuomo has a most important role in a democratic basic race of 38%. Mamdani is second at 12%, and the mayor of Adams is in third place with 10%. The Adams speaker received only 2% support from survey respondents.
(Tagstranslate) Mayoral Race (T) Adrienne Adams (T) New York City (T) Eric Adams
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