Biden expected to cancel student loans for millions

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US President Joe Biden is expected to announce today that the government will forgive $10,000 in student loans for many of the country's debt-saddled college-goers, sources inside and outside the administration say

The move could win back waning support from younger voters who backed Mr Biden, a Democrat, in the 2020 presidential election, and free up hundreds of billions of dollars in new consumer spending, adding a new wrinkle to the country's inflation fight.

Debt-relief advocates expect the administration to extend its pause on student loan repayment through to the end of the year, while also announcing plans to forgive as much as $10,000 in student debt for borrowers whose income falls below $125,000 a year.

 

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He DID THAT YESTERDAY. TYPICAL RTE. DID RTE HAVE TO GET PERMISSION TO PUBLISH THAT NEWS?

60 billion dollars sent to Ukraine to date in 'aid'

Trying to buy the mid terms with taxpayers' money.

With all of the illegal money that the governments are printing he can afford to wrote the whole thing off...it will happen anyway!

That money spent on sending Ukrainian men to Ireland. In the next phase, when they pretend the war is getting out of hand, they will use those Ukrainians to join the UN army, but instead of sending them back home to fight, they will be patrolling Ireland, shooting Irish people.

All a distraction

Those who can’t afford to pay can get student loans & go to college. 10k means nothing when you look at the cost of education in the USA

Gotta buy some votes.

Cancelling their debt is like spitting in the face of those who couldn't go to college and have to work lower paying jobs. He is buying votes.

They do not want $10,000. They want all debt erased. But what about the people who could not afford college, so they got a tax paying job instead?

It isn't debt forgiveness. The colleges have bee paid. It just means that the poorer cohort in the US needs to pay over more to the richer cohort to co er college debt which the poorer cohort could not afford in the first place.

Biden approval going up....Will he run again in 2024.....Biden versus Trump the sequel....

Biden approval going up...He might well run again in 2024.....Biden version Trump...

It's called buying an election .

This dept forgiveness helps an already better off cohort. Costing tax payers billions. Surely help should be given to the very poor.

And those who actually paid their way through college? Assume they'll get a refund?

Giving billions to Ukraine, $10k is nothing, just wipe out the debt. All of it.

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