Monday, July 14, 2025
spot_imgspot_img
Monday, July 14, 2025

Milwaukee Press Club 'Excellence in Wisconsin Journalism' 2020 & 2021 Award Winners

Biden Revamps Student Loan Forgiveness Program after Media Exposé

spot_img

“With this TPD action, the Biden-Harris Administration has now approved approximately $8.7 billion in student loan discharges for roughly 455,000 borrowers”

A federal student loan forgiveness program aimed at helping out public servants is getting an overhaul after media reports exposed major problems with the program.

The U.S. Department of Education announced Wednesday that the Public Service Loan Forgiveness (PSLF) Program will undergo an overhaul to make sure more public servants, including members of the military, receive taxpayers’ funds to help them repay their debts.

“This is an entire system who let down our men and women in uniform,” said Seth Frotman, head of the Student Borrower Protection Program.

The announcement comes just a few days after media reports, including a CBS “60 Minutes” investigation, showed that military members were frustrated with the program for its complex requirements and complicated approval process that prevented many from receiving the benefits. The program drew national attention when it was reported that 98% of applicants were denied.

“This policy will result in 22,000 borrowers who have consolidated loans – including previously ineligible loans – being immediately eligible for $1.74 billion in forgiveness without the need for further action on their part,” the Department of Education said in its announcement. “Another 27,000 borrowers could potentially qualify for an additional $2.82 billion in forgiveness if they certify additional periods of employment. All told, the Department estimates that over 550,000 borrowers who have previously consolidated will see an increase in qualifying payments with the average borrower receiving another two years of progress toward forgiveness.”

Congress enacted the program in 2007 as a way to reward those who were public servants for over ten years, but has been marked by bureaucratic difficulties and failure to deliver on its promises.

“Many more will also see progress as borrowers consolidate into the Direct Loan program and apply for PSLF, and as the Department rolls out other changes in the weeks and months ahead,” the agency said.

The agency said it will streamline the process and lessen requirements for applicants, meaning some previously rejected applicants can now be accepted.

The Department of Education announced in August that 323,000 borrowers who are totally and permanently disabled will see $5.8 billion in student debt “discharge.”

The program revamp comes after the Biden administration announced student loan forgiveness for the disabled earlier this year.

This action is one of several regulatory maneuvers Biden’s Department of Education has conducted to relieve student debt even as the president has so far held off on a more sweeping student loan forgiveness advocated for by some Democrats.

“From day one, I’ve stressed that the Department of Education is a service agency,” U.S. Secretary of Education Miguel Cardona said at the time of the announcement. “We serve students, educators, and families across the country to ensure that educational opportunity is available to all. We’ve heard loud and clear from borrowers with disabilities and advocates about the need for this change and we are excited to follow through on it. This change reduces red tape with the aim of making processes as simple as possible for borrowers who need support.”

Student Loan Forgiveness

Biden has received heavy pressure from progressives in his own party, including his own Majority Leader Sen. Chuck Schumer, D-N.Y., to take executive action to forgive up to $50,000 in student loan debt per person, a plan that would cost American taxpayers $1 trillion, according to Brookings.

“With this TPD action, the Biden-Harris Administration has now approved approximately $8.7 billion in student loan discharges for roughly 455,000 borrowers,” the agency said. “In late March, the Department restored $1.3 billion in loan discharges for 41,000 borrowers who had seen their loans reinstated after not responding to requests for earnings information. Since March 2021, the Department has also approved more than $1.5 billion in discharges through the borrower defense to repayment process for nearly 92,000 borrowers whose institutions took advantage of them. In addition, the Department has extended the pause on student loan repayment, interest, and collections, to January 31, 2022, which helps 41 million borrowers save billions of dollars a month.”

“That sacred promise that if you work hard, if you play by the rules, one day, you’re going to make it here in America,” Schumer said. “For too many, that dream sadly seems like a fantasy. Students don’t need their debts paused – they need it erased.”

Casey Harper | The Center Square
Go to Source
Reposted with permission

Table of Contents

Brown Deer Police

Boy Invites Brown Deer Cops to His Lemonade Stand & Gets His Wish

A boy invited Brown Deer police over to his lemonade stand and got his wish! It's the heartwarming story of the day, and Brown Deer...
jerome powell

Fed Chair Candidates & New York’s Mayoral Race

Before we talk about the candidates for the Fed Chair position, let’s discuss for a moment the problem with Chair Powell’s current thinking. Right...

Q&A with Tommy Clark, Author of The 2020 Portland Riots: A Fight Against Domestic Terrorism

By Chris Mann Read part 1: Chris Mann's review of The 2020 Portland Riots: A Fight Against Domestic Terrorism by Tommy Clark. Tommy Clark and...

Protecting Portland: No Good Deed Goes Unpunished [REVIEW]

By Chris Mann An In-Depth Review of The 2020 Portland Riots: A Fight Against Domestic Terrorism by Tommy Clark. This summary is the second in...
Governor’s Veto Powers Wisconsin Republicans Parental Bill of Rights Outlaw Child Sex Dolls Embrace Them Both Unemployment Reforms Wisconsin’s Professional Licensing Bail Reform Amendment wisconsin covid-19

Conservative Wins in the Wisconsin State Budget Bill That Passed July 3

Wisconsin has a divided government, and, with a Democrat in the governor's mansion, conservatives were not going to get everything they wanted. However, there...

Shorewood Officer Shot; Glendale Pursues Suspect, Who Appears Dead

A Shorewood, Wisconsin, police officer was shot but saved by his bulletproof vest in the early morning hours of July 3. Several hours later, Glendale...
kendall corder

MPD Confirms Sad News That Officer Kendall Corder Has Died; Procession Unfolding

The Milwaukee Police Department has officially confirmed the tragic news that Officer Kendall Corder has died in the line of duty. Earlier in the day,...

Oconomowoc Rotary Refuses to Document ‘Threats’ & There’s No Police Reports

Getting criticized is hard, but reasonable criticism - even heated criticism - is not a threat. And it's what representative democracy is all about,...
kendall corder, tremaine jones

Tremaine Jones: Milwaukee DA Declined to Prosecute Him 4 Times Leading Up to Officer Shooting

KEY FINDINGS: Accused cop shooter Tremaine Jones was given a deferred prosecution agreement for a 2021 Milwaukee case involving a stolen Kia and...
Killed by Milwaukee Reckless Drivers Milwaukee Reckless Drivers Kill Box In Milwaukee Police

2 Milwaukee Police Officers Shot Near 25th & Garfield

Two Milwaukee police officers were shot on the evening of June 26, police confirmed. One officer remains in critical condition and the second does...
josh schoemann Washington County’s Early Vote

2026 GOP Candidate Josh Schoemann Challenges Evers’ Budget Approach

(The Center Square) – Josh Schoemann, the only Republican currently in the race for governor next year, is criticizing Gov. Tony Evers’ approach to the next state budget by comparing it to his plans in Washington County.

“In Washington County our budget cycle starts right now, and it’s not due until November. We will propose our budget goals to the County Board in the next couple of months. We will share ‘This is what we’re thinking.’ It gives them months of time to think those through, give us feedback, and [have] that kind of dialogue,” Schoemann explained in an interview on News Talk 1130 WISN.

Schoemann said that is far better than the approach Evers is taking again this year.

“That’s not how government is supposed to work,” Schoemann said. “It’s not the vision of the governor. It’s not the vision of any one person.”

Evers and the Republican legislative leaders who will write the budget have been involved in on-again, off-again budget talks this month. On Thursday, the governor’s office said those talks were off once again because of gridlock in the Senate.

“Ultimately, the Senate needs to decide whether they were elected to govern and get things done or not,” Evers spokesperson Britt Cudaback said in a post on X.

Schoemann’s criticism of Evers is nothing new. He has long been a critic of the governor and has turned that criticism up since launching his campaign for governor.

But the recent criticism was also aimed at other Republicans who may jump into the 20206 governor’s race later this year.

“Nobody else in this race on the Republican side, being rumored to this point, has the executive leadership of skills and history to be able to show ‘This is how I’ve done it before, and here’s how we’ll do it Madison,’” Schoemann said. “The results in Washington County speak for themselves.”

Northwoods Congressman Tom Tiffany is also rumored to be looking to get into the Republican race. Before he went to Congress, Tiffany was a Republican lawmaker in Madison.

Businessman and veteran Bill Berrien is also on the short list of likely GOP candidates for 2026.

richard van buren

Richard Van Buren Arrested in Dodge County Dog’s Death, Sheriff Says

Richard Van Buren, the chairman of the Chester Town Board in Wisconsin, was arrested in the death of a golden retriever dog in rural...

Rep. Donovan, Greenfield Officials Outraged at Release of Accused Random Stabber

State Rep. Bob Donovan and top Greenfield officials are expressing outrage and concern over the release of a man who is accused of randomly...

Dodge County Dog’s Death Under Investigation by Wisconsin Sheriff

Update: Richard Van Buren, the chairman of the Town of Chester Board, has now been arrested. See the story here. The Dodge County Sheriff's Office...
Anthony LoCoco

Anthony LoCoco Running for WI Court of Appeals to Defend the Constitution

Note: Anthony LoCoco, of Waukesha, has worked for the conservative Wisconsin Institute for Law & Liberty and the Institute for Reforming Government. He is...

Milwaukee Alderman Voices Frustration at ‘Crumbling’ Roads, Massive Cost Estimate

The Common Council’s Finance and Personnel Committee heard from City Engineer Kevin Muhs today "about a newly released report from the Department of Public...

Oconomowoc Rotary Club Apologizes, Reverses Course After July 4 Parade Mess

The Oconomowoc Rotary Club has apologized for the mess surrounding its July 4 parade and will now allow political parties and elected representatives to...
Killed by Milwaukee Reckless Drivers Milwaukee Reckless Drivers Kill Box In Milwaukee Police

Milwaukee Police Officer Shot by Armed Suspect in Foot Chase, Department Says

Two ghost guns were recovered. A Milwaukee police officer was shot by an armed suspect who refused to drop his gun during a foot chase...

Milwaukee Police Association Raises Alarm on Low District 7 Staffing

The Milwaukee Police Association is raising the alarm about severely low staffing levels in District 7, one of the city's busiest police districts. The MPA,...
uw-madison Administrators at UW Schools

UW Employs 495 Foreign Nationals at Almost $43 Million a Year, But Won’t Release Their Names

With salaries ranging as high as $320,000 a year, are the foreign nationals getting taxpayer-funded jobs at UW instead of qualified U.S. citizens? The...