user avatar
Michael Stratford
@mstratford
Economic policy reporter @Politico. [email protected]. DM for Signal.
Washington, DC
Joined January 2008
Posts
  • user avatar
    New - Biden completely rejects Schumer/Warren proposal to cancel $50K of student loan debt per borrower: “I will not make that happen." Says he doesn't want to forgive debts of borrowers from elite schools -- and money would be better spent on early childhood education.
    00:00
  • user avatar
    BREAKING: A federal judge held Education Secretary Betsy DeVos in contempt of court for disobeying an order to stop collecting the student loans of borrowers who attended a for-profit college. The judge ordered DeVos and the Education Department to pay $100,000 in sanctions.
  • user avatar
    Cabinet secretaries ⁦@bikeshare⁩ home from work, too. A person who appears to be ⁦@SecretaryPete⁩ rolling through Navy Yard just now:
    00:00
  • user avatar
    NEWS: Biden admin is considering extension of student loan relief amid omicron surge & pressure from Dems. @usedgov says it may postpone plan to restart monthly payments Feb 1: "Later this week, we will be announcing whether to extend the pause further"
  • user avatar
    🚨 NEWS: Biden admin will begin regulatory process to enact student debt relief under Higher Education Act, per notice posted today on Ed Dept's website: www2.ed.gov/policy/highere…
  • user avatar
    New details on WH student loan relief plan, per sources familiar: —up to $20K of debt cancellation for Pell grant recipients — up to $10K for most other non-Pell borrowers —all relief limited to individuals earning <$125K; families <$250K —payment pause extended thru Dec 31
  • user avatar
    NEWS: Jerry Falwell Jr. is taking “indefinite leave of absence” from Liberty University.
  • user avatar
    .@SenSchumer stepping up pressure today on Biden to use executive action to cancel $50K of student loan debt per borrower -- and to pick an education secretary who will do that. "You don't need Congress," Schumer said. "All you need is the flick of a pen."
    00:00
  • user avatar
    Replying to @mstratford
    Better bikeshare action shot:
  • user avatar
    House Democrats are significantly scaling back the student loan forgiveness provisions in their $3T coronavirus relief package, citing concerns about the cost: subscriber.politicopro.com/article/2020/0…
  • user avatar
    Replying to @mstratford
    Pelosi also questioned the policy wisdom of cancelling student loan debt: “Suppose…your child just decided they, at this time, [do] not want to go to college but you’re paying taxes to forgive somebody else’s obligations. You may not be happy about that."
    00:00
  • user avatar
    Breaking: The Biden admin will extend the freeze on federal student loans until Jan. 31, 2022, per official & sources familiar. The relief had been set to expire at the end of Sept. Official describes this as a “final” extension.
  • user avatar
    News - Federal judge declines to block Biden student debt relief plan, ruling that Indiana lawyer challenging it failed to show irreparable harm - especially since Ed Dept now has opt-out provision. storage.courtlistener.com/recap/gov.usco…
  • user avatar
    Replying to @mstratford
    “I’m prepared to write off $10,000 debt, but not 50 because I don’t think I have the authority to do it by signing” an executive order, Biden says. He pitches 0% interest on student loans (which he’s already done thru Sept.) & expanding public service loan forgiveness.
    00:00