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The Biden administration reversal on student loan forgiveness

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vox.com

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newsletter@vox.com

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Fri, Sep 30, 2022 10:00 PM

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Plus, Putin's illegal annexation of Ukrainian territory. Our fall drive ends today This is it —

Plus, Putin's illegal annexation of Ukrainian territory. Our fall drive ends today This is it — our push to hit 5,000 financial contributions from readers ends today. Reader gifts help us keep Vox free, whether we’re adding critical context to unexpected events or covering ideas that are important but not new. Make a one-time gift now. [Yes, I'll Give](   President Biden changes the student loan forgiveness guidelines; Putin illegally annexes four regions of Ukraine. Tonight's Sentences was written by Jariel Arvin.   TOP NEWS The student debt the Biden administration won’t forgive Stefani Reynolds/AFP via Getty Images - The Education Department has changed guidance on who will qualify for federal student loan forgiveness, a plan that now faces lawsuits from several Republican-led states. [[Reuters / Nandita Bose and Paul Grant](] - Borrowers with Federal Family Education (FFEL) or Perkins loans, which are privately held but government guaranteed, are no longer eligible for forgiveness unless they had consolidated their debt before September 29. [[CNN / Katie Lobosco](] - The Biden administration estimates that the rule change will directly impact about 800,000 borrowers. [[NPR / Cory Turner](] - On Thursday, Iowa, Kansas, Missouri, Nebraska, and South Carolina joined Arkansas in filing a federal lawsuit against the Biden administration. The states argue sweeping federal student debt relief exceeds executive authority and would harm loan servicers. [[Associated Press / Seung Min Kim](] - In August, Biden announced plans to cancel $10,000 for borrowers making up to $125,000 or couples making $250,000. Recipients of Pell Grants, which help low-income students pay for college, can receive an additional $10,000. [[CBS News / Kathryn Watson](] 📍 If you read just one story Vox’s Libby Nelson explains two leading criticism in the “fairness” debate over student loan forgiveness. [[Vox / Libby Nelson](] [Learn more about RevenueStripe...]( Putin illegally annexes parts of Ukraine - Friday, Russian President Vladimir Putin announced that four occupied regions in eastern and southern Ukraine are now part of Russia — which constitutes an illegal annexation. [[Vox / Jen Kirby](] - The move follows staged referendums widely criticized by the international community. Annexing additional provinces could help mobilize Russian troops. [[BBC / Paul Kirby](] - Biden on Friday condemned the annexation and said the US and its allies would impose new sanctions on Russia. [[ABC News / Shannon K. Crawford](] - Meanwhile, Ukraine says 25 civilians were killed Friday in an attack on one of the recently annexed regions, Zaporizhzhia. [[NYT / Michael Schwirtz and Andrew E. Kramer](]   MISCELLANEOUS Around 200,000 people lost power Friday as Hurricane Ian made landfall a third time in Georgetown, South Carolina. [[Accuweather / Adriana Navarro](] - At least 19 people, mostly girls, were killed Friday in a suicide bombing at an educational center in Kabul, Afghanistan. [[Washington Post / Sudarsan Raghavan](] - Friday, the US House voted 230-201 to pass a stopgap spending bill to fund the federal government until December 16. [[CNBC / Chelsey Cox](] - Far-right Jair Bolsonaro faces leftist Luiz Inácio Lula da Silva in Brazil’s presidential election Sunday. [[NPR / Carrie Kahn](]   Help us keep Vox free We’re aiming to add 5,000 financial gifts from readers by midnight. Give today to help keep Vox free. [Give](   CROSSWORD OF THE DAY Here's the deal! (four letters) [Solve today's new Vox crossword puzzle]([,]( and stay tuned for more puzzles coming out Monday through Saturday. Want more crosswords? [Sign up for our crossword newsletter here]( and get a dedicated crossword reminder each weekend.   VERBATIM “This is a gut punch, to say the least.” [[Betsy Mayotte, president of the Institute of Student Loan Advisors on guidance changes / CNBC](]   LISTEN TO THIS Brett Favre and the Mississippi welfare fraud An extraordinary case of fraud is unfolding in Mississippi, where a chummy cadre of nonprofit leaders, elected officials, and professional athletes redirected tens of millions in welfare funds toward their own pet projects. Mississippi Today’s Anna Wolfe explains. [Listen now ▶](   Read more from Vox [What we get wrong about being in love]( [Republican states keep refusing to expand Medicaid — until you ask their voters]( [The Bros and cons of being a huge, gay Hollywood rom-com]( [Ken Paxton keeps running. Will his legal issues ever catch up?]( [End-of-life planning with loved ones can be hard. Here’s where to start.]( [Learn more about RevenueStripe...](   [Facebook]( [Twitter]( [YouTube]( This email was sent to {EMAIL}. Manage your [email preferences]( [unsubscribe](param=sentences). If you value Vox’s unique explanatory journalism, support our work with a one-time or recurring [contribution](. View our [Privacy Notice]( and our [Terms of Service](. Vox Media, 1201 Connecticut Ave. NW, Floor 12, Washington, DC 20036. Copyright © 2022. All rights reserved.

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