with student debt. The action could render up to 15 million borrowers whose balances are under $10,000 entirely free of student debt.within a “couple of weeks,” which didn’t come to fruition.
Mr. Biden spoke by phone on Tuesday night with Senate Majority Leader Chuck Schumer to discuss the issue, and he separately held a joint call with Sens. Elizabeth Warren of Massachusetts and Raphael Warnock of Georgia, according to people with knowledge of the conversations. All three Democrats have been encouraging Mr. Biden to forgive student debt.
Polling has shown that Americans are divided on the issue of debt forgiveness, with support fluctuating depending on the details of the proposal. An NPR/Ipsos poll released in June found 55% support for the idea of forgiving up to $10,000 in student loan debt.
Nothing is free. They'll pay I'm another way.
This is a terrible idea! WhiteHouse
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Biden aides 'talking daily' about student loans, expect decision soon: Education Secretary CardonaBeyond the pause in loan payments, the Biden administration has been under pressure from some Democratic lawmakers and student loan activists to forgive up to $50,000 in student loans. I still think $50,000 is ridiculous. I'll be happy if he pauses payments again and then sets up a better system of repayment options in the meantime. Sorry folks it’s not going to happen. You aren’t going to be rewarded for your negligent financial decision.
Source: USATODAY - 🏆 100. / 63 Read more »
President Biden poised to announce some form of student loan forgiveness: SourcesJoe Biden is poised to decide whether to cancel student loan debt for a subset of Americans and continue to keep a COVID-era pause on the repayments I’m not going to paid for someone who majored in liberal arts & couldn’t job at all. This doesn't apply to me, I don't have any student loans. But he did campaign on this and it's only right that he does it. Infuriating!
Source: ABC - 🏆 471. / 51 Read more »
Student loans: Biden administration leaning toward canceling some loan debt, sources sayThe current student loans pause is set to expire soon. Pay back your own friggin loans!
Source: ABC7NY - 🏆 592. / 51 Read more »
Student loans: Biden administration leaning toward canceling some loan debt, sources sayThe current student loans pause is set to expire soon. All college loans should be forgiven & all colleges should be free.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »
Student loan help for millions coming from Biden after delayPresident Joe Biden on Wednesday is set to announce his long-delayed move to forgive up to $10,000 in federal student loans for many Americans and extend a pause on payments to January, according to three people familiar with the plan. Biden has faced pressure from liberals to provide broader relief to hard-hit borrowers, and from moderates and Republicans questioning the fairness of any widespread forgiveness. The people spoke on the condition of anonymity to discuss Biden's intended announcement ahead of time. So basically he needs to buy votes … Ahole Eh. Should do internet forgiveness
Source: YahooNews - 🏆 380. / 59 Read more »