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In one of the most anticipated decisions of its current term, the U.S. Supreme Court has struck down President Biden’s sweeping plan to discharge some or all federal student loan debt for tens of millions of Americans.
In a 6-3 decision, the high court ruled that the Biden Administration did not have authority under a 2003 federal law to forgive hundreds of billions of dollars of student debt.
“The HEROES Act allows the Secretary [of Education] to ‘waive or modify’ existing statutory or regulatory provisions applicable to financial assistance programs under the Education Act,” the ruling states, “but does not allow the Secretary to rewrite that statute to the extent of canceling $430 billion of student loan principal.”
In a decision written by Chief Justice John Roberts, the court ruled in favor of Missouri and five other states, who had argued that the Administration had overstepped its authority to forgive some student loans.
The City of Santa Monica’s values of accountability, equity, inclusion, innovation, resilience, safety, and stewardship guide everything we do. As millions of people around the world have joined the Black Lives Matter movement to call for an end to systemic racism and violence against Black people in the United States, we stand in solidarity and are committed to advancing vital work to live out our values of equity and inclusion.
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I absolutely honor and respect this organization, especially the Santa Monica Venice Branch. Their leadership in the community has been beyond outstanding! Thank you!
NAACP x BeyGOOD:
Meet the Los Angeles Based Recipients (our neighbors)
NAACP teamed up with BeyGOOD to expand economic opportunity by awarding grants of $10,000 throughout 2020, with a goal to provide a lifeline for small businesses at the epicenter of dual pandemics.
These Black-owned businesses are based in five cities: Minneapolis, New York, Atlanta, Chicago, and Houston. Check out the recipients of the first round of the Beygood Black-owned Small Business Impact Fund.
Kiano Moju opened the Los Angeles-based culinary creative studio, Jikoni, in November 2019, just four months before the country shut down because of the coronavirus pandemic and six months before the national civil unrest after the death of George Floyd....
Owner: Kellie Jennifer Jackson, Los Angeles, CAHank's Mini Market is a family-owned business based in Los Angeles. For 20 years, the small mart, located in the Hyde Park area of South L.A., has offered customers a combination of art and food in an effort...
Owner: Courtney Elijah, Los Angeles, CAAlmighty - Los AngelesAlmighty® is a Los Angeles-based skate shop owned by Courtney Elijah.A clothing designer by trade, Elijah opened the skate shop after noticing that there were no shops in his neighborhood that...