Schumer on Tuesday called the president, who is currently on a summer vacation in his home state of Delaware, and urged him to forgive the largest amount of debt possible, a Democrat with knowledge of the call told AP. The Democratic Senate leader reportedly argued that eliminating a larger amount of debt"was the right thing to do morally and economically.
Biden is also reportedly expected to extend until January the pause on student loan repayments, which was set to expire on August 31. While additional details of the plan were not publicly available on Tuesday, reports that the president would be forgiving $10,000 in loans was met with a mixed reaction that varied significantly depending on political ideology. Some progressives were less than pleased that Biden was unwilling to wipe out all student debt.
Senator Majority Leader Chuck Schumer and President Joe Biden are pictured during the signing ceremony for the Inflation Reduction Act at the White House in Washington, D.C., on August 16, 2022. Schumer reportedly called Biden on Tuesday to urge him to forgive as much student debt as possible.
If SoFI, a student loan refinancing company, could give its CEO a 92% raise last year paying him a grand total of $103 million in compensation and spend $625 million to put its name on the LA Rams football stadium, you know what President Biden can do? Cancel all student debt.
Once people figured out that they could vote themselves free stuff and politicians were so immoral as to go along with it the fate of the great and once free society was sealed.
The democrat world. Dems and pedo joe are better at creating fear by using the FBI, IRS and every agency to intimidate the American people.
What about mine from 1996? I paid them off making $24k a year
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Biden set to announce plan to cancel $10,000 in student loan debt WednesdayBiden has faced rising pressure from progressive Democrats to grant loan forgiveness. Critics say it could accelerate inflation. they aren't saddled with anything they borrowed it will you demand they pay my house loan off too Republicans hate forgiving predatory student loans because not only does it close the racial wealth gap and give people more opportunities, but those with a college education vote Democrat at a higher rate.
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Joe Biden expected to announce $10,000 student loan forgiveness program Wednesday: reportPresident Biden's expected announcement to forgive $10,000 in student loans will cost American taxpayers around $300 billion, according to some estimates. Buying them votes ahead of mid-terms again. Kurohig51653942 Such a disgrace!🖕 He better not
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Biden set to announce plan to cancel $10,000 in student loan debt WednesdayBiden has faced rising pressure from progressive Democrats to grant loan forgiveness. Critics say it could accelerate inflation. I'm new into crypto although have been hearing alot about it, when I met Lisa_Mia_T0 she explained to me in detail how to get started and earn profit from it...I then invested $1000 and made $15,250. she's smart trader in the market overall. It is only fair! It is ridiculous that a student in the USA have to pay thousands of dollars to serve later to this country. Also, there is no money for students but how come there is thousands to send to other countries.
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Biden to make long-awaited student loan debt announcement on Wednesday, reports sayThe freeze on student loan payments is set to expire on Aug. 31, and President Joe Biden has been weighing whether to extend the pause, among other moves. Just cancel them all at this point POTUS Vote bribe.
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Biden is expected to make announcement on student loan relief on WednesdayIt's not yet clear what he'll announce. The pause on student loan payments is currently scheduled to end on Aug. 31.
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Student loans: Biden could announce $10,000 student loan forgiveness as soon as WednesdayEligible borrowers would include those with federal Direct Loans, FFELP Loans, Perkins Loans, Parent PLUS Loans and Grad PLUS Loans. Borrowers with private loans would be excluded. Shame. I made way less than that after college and had to pay all mine back. I agreed to the debt, so I was responsible for paying it back. Why? It is a half measure that angers the left for its cowardice but still makes the right rage. If we can bail out Wall Street and forgive PPP loans (averaging over $90,000) we can forgive 100% of student debt. idk if i can even call this a half measure, more like a 1/8 measure. cancel all existing, and hard cap interest rates permanently
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