Biden to Forgive $10,000 in Student Debt, Double for Pell Grants

  • 📰 economics
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

Biden is poised to announce a four-month extension of the moratorium on repaying student loans, part of a package that’s also set to include college debt forgiveness

The president, who is expected to unveil the plan Wednesday, will also extend the moratorium on repaying student-loan debt for four months through Dec.

31, people familiar said. It would be the final pause that Biden backs, according to a person familiar with the matter. White House spokespeople did not immediately respond to a request for comment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not a Biden POTUS fan, but this is the perfect decision Lower/Middle income students who chose a state school get their tuition paid off Snobby Mid/Upper-middle class private college attendees, who were too lazy &/or not smart enough to receive a scholarship, are not rewarded

Whether one agrees with the economics of this or not, he is doing what he said he would do.

So those that did it right get punished. Those that chose not to go and get in debt are punished. All taxpayers regardless of income, will be punished via the tax called inflation. Inflation punishes the poor. The dem way, let’s reward laziness and buy votes with taxpayer $

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 71. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »

Biden’s student loan plan: What we know (and what we don’t)President Biden is expected to announce that many Americans can have up to $10,000 in federal student loan debt forgiven. biden debtforgiveness studentloans kprc2 click2houston US JoeBiden & TheDemocrats are in serious trouble and gas lighting themselves So I worked so hard to pay off my college tuition, just so lay fucks can get a hand out 🤔. I wonder if I’ll get 10k back at least Just remember, forgiven and cancelled are code words for transferred to taxpayers. In other words, if you are a taxpayer they are going to make you pay the debt for these deadbeats.
Source: KPRC2 - 🏆 80. / 68 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
Source: FoxNews - 🏆 9. / 87 Read more »

Biden set to announce $10,000 federal student loan cancellationPresident Joe Biden is soon 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.
Source: dothaneagle - 🏆 337. / 59 Read more »