It's still unclear how the plan will be implemented. Biden is expected to make a formal announcement on Wednesday.Biden campaigned on the promise to cancel up to $10,000 worth of student loan debt.
Since being elected, he's faced pressure from the progressive wing of his party to wipe out even more debt."As time continues, the needs of the American people have not — and will not — change without substantial cancellation," the organization said.Report a typo
KatieMcGrawx When the government recently approved a rebate for buying an electric car, the car manufacturers just raised the price of the car by that amount! What will this influx of money to the colleges lead them to think they can do now? 🤔
KatieMcGrawx I graduated 30 years ago and still don’t make $125k. Yet I still paid my federal loans back. You want to rework some of the interest, fine. But the principle needs to be repaid!!! It was taxpayer money. College is a privilege. Not a free handout.
I want a $10000 payback from 30 years ago. We used to pay back our student loans not cry about them. POTUS Congress
And the rest of us taxpayers will have to foot the bill. Fucking criminal
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Biden's student loan plan: What we know (and what we don't)President Joe Biden is expected to announce today that many Americans can have up to $10,000 in federal student loan debt forgiven. Here's what we know so far and what it means for people with outstanding student loans. It means the responsible will be paying for the irresponsible. The US could get more bang for the buck if it paid debts based on not the face value but what the holders of the debt paid. Why? Because most student loans are resold in'tranches' at cents on the dollar. If someone paid $1k for a 10,000, pay the $1k, wipe out $10,000! Congrats to every worker busting their ass in the the ship channel, truckers, and other blue collar gigs to fund someone’s gender studies degree. Elections have consequences.
Source: HoustonChron - 🏆 609. / 51 Read more »
Chuck Schumer begged Joe Biden to boost student loan forgiveness: ReportBiden is expected to announce a plan on Wednesday to forgive $10,000 in debt for Americans with federal student loans who make $125,000 per year or less. What about mine from 1996? I paid them off making $24k a year 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.
Source: Newsweek - 🏆 468. / 52 Read more »
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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