Biden Cancels $5.8 Billion Of Student Loans For Disabled Borrowers

with a total and permanent disability. This new regulation will enable the Biden administration to cancel more student loans through automatic discharges for student loan borrowers who are identified through an administrative data matching process and by removing the burdensome requirement of completing an application to get student loan forgiveness. President Donald Trump removed the application requirement in 2019 for student loan borrowers who matched for a TPD discharge with the U.S.

The Education Department will stop sending automatic requests for income information, including after the end of the Covid-19 pandemic; This extends an existing practice enacted in March 2021 for the duration of the Covid-19 pandemic; and During the negotiated rulemaking that starts in October, the Education Department will propose completely eliminating the three-year earnings monitoring period.Biden has been moving aggressively to cancel student loans, including for student loan borrowers who have been

Ok so…. Does he plan on getting back millions and millions of dollars in weapons from Afghanistan?

Umm he forgot some. Let me know where to send the bill

Grt

Abhi chacha ka mood kharab h

Is superpower America facing some financial troubles within?

you get what u vote for

I'm not investing in the USA.

What do the people that didn't goto college get?

I now have no interest in the USA. Socialists have taken it over.

United Socialist States of America.

This only happens when providing terrorism is more important than providing education.

Would that include students who have worked hard just to avoid student loans? Or the hidden message is: Hey stupid you should have taken that loan.

He is moving in the right direction to clean up America. This is indeed a good step

Wow! That was an extraordinary measure Mr. President. Thank you for standing with the vulnerable Americans.

“Cancels as in”

🤔

Biden cancels up to rounding error 0% of student debt

HAHAAA... You're so Fx*k_ed Up, hecking scmbsg.

Good now do mine

I’ll take my money back too!

Cancels? Don't you mean screws the tax payer again? Someone paying for it. Just not the person who got the benefit of the education and contractually agreed to pay for it in the first place.

Read the article. This is for disabled people who can't work.

Now when all the cool young kids make snarky remarks at me I can say 'hey, I pay for your education buddy!'

Great move! Even better is charging Americans stuck in Afghanistan $2000 a plane ticket

This only applies to disabled people that can’t get a job so don’t get outraged too much people

You reposted this again? And still kept the important part out of the headline? What a disgrace Forbes has become

Reckless socialist people should be held responsible for their debts

Cancel his self

Tell him to cancel himself

y nadie lo critica?

Socialism at it's finest. What happened to personal responsibility? What do I get for free?

Whoop Whoop! When's the backpay for the rest of us?

So my kids will have to spend their lives paying for these deadbeats. Suddenly Trump doesn't seem so bad.

What about the future?

And people wonder why inflation is rapidly increasing and the economy is declining

Money wisely spent is better than bullets, weapons + killings..

Biden didn’t do this. His cognitive decline is so apparent he reads a teleprompter then goes to bed. Who’s running the country?

These students should be elites of the nation, now they are treated as beggars. Worse thing is many of them will be beggars since they dont think begging is shameful.

That's true leadership then❤

Wow! This won't go well. . Still got to fund wars though. . Such an insult

💪🏻💪🏻💪🏻 well done

Haha!!! I’ve seen like 50 of these today lol

Looks a lot like Jimmy Carter🤔

This guy likes to spend money!!!!

what about those who just paid

Wow

TheAndyCortez

Aww the poor hungry students - you promised

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Progressives demand more student debt relief as Biden cancels nearly $6 billion'Today would be a great day for POTUS to finally cancel at least $50,000 of student loan debt per borrower,' Representative Pramila Jayapal tweeted. POTUS why? You signed up for student loans now be responsible adults and pay it back. POTUS Biden can cancel ALL student debt. He won’t though. He wants BlackRock to buy up all the houses first. POTUS Today😂. He’s overwhelmed as it is.
Source: Newsweek - 🏆 468. / 52 Read more »

Biden administration to cancel $5.8 billion in student loans for disabled borrowersMore than 323,000 student loan borrowers with a total and permanent disability will have their debt automatically canceled, resulting in more than $5.8 billion of relief. “This process is going to be a smooth process for our borrowers.' This Administration needs to be fucking stopped I'm waiting for the government to pay off my mortgage. Even though I agreed to pay it, I just dont feel like it anymore....kinda like taxes
Source: MarketWatch - 🏆 3. / 97 Read more »

Biden Administration to Discharge $5.8 Billion in Student Debt for Disabled BorrowersThe Biden administration is wiping out more than $5.8 billion in student loans for more than 323,000 borrowers who are permanently disabled Buying votes..... Awesome - now do it for all So we have 323,000 people who received student loans and became permanently disabled after leaving school? Just trying to understand parameters.
Source: WSJ - 🏆 98. / 63 Read more »