Summary
The Biden administration has moved to forgive $4.7 billion in U.S. loans to Ukraine as part of a $9.4 billion loan package authorized by Congress in April to support Ukraine’s government during its war with Russia.
State Department spokesperson Matthew Miller confirmed the decision, which Congress could still block.
The Senate is set to vote on a disapproval motion introduced by Senator Rand Paul, though bipartisan support for Ukraine remains strong.
President Biden is expediting aid ahead of his term’s end, amid concerns President-elect Trump may restrict future support.
I see that they are fighting for PSLF forgiveness in courts.
Not the broad 20k forgiveness for all borrowers.
Do you have information otherwise? I’m interested in any discourse I may have missed on the matter.
Supreme court shot down the 20k for pell grant recipients and 10k for non pell grant recipients plan, and basically said that at that scale should require congress. So all the smaller programs have been calibrated to try to survive the court battles.
https://en.m.wikipedia.org/wiki/Biden_v._Nebraska