Photo: Craig F. Walker/The Boston Globe via Getty Images On Wednesday, August 24, millions of debtors received the news they’d been waiting to hear. President Biden will forgive some federally held student-loan debt, the White House announced. Pell Grant recipients making less than $125,000 per year individually or $250,000 jointly qualify for $20,000 in debt relief. Those who did not receive Pell Grants but meet the income requirements are eligible for $10,000 in relief.
“Why does Biden not want to do the same thing for loans on trucks owned by plumbers?” Oxford-educated Charles C. W. Cooke asks in a piece for the National Review. “The answer, I’m afraid to say, is disgustingly classist: Because Joe Biden and his party believe that college students are better than everyone else.” Back in the land of reality, the White House estimates that people making less than $75,000 per year will represent 90 percent of its proposed relief.
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Biden announces mass student loan forgiveness programBREAKING: President Joe Biden has announced a mass student loans forgiveness program. This is discriminatory towards anyone who did not attend college. It’s in keeping with the slacker mentality this generation and progressives have. they’re the same one who endorse “quiet quitting”. Colleges should be on the hook for student debt. Part of the tuition should be for a placement program for the student's first job in their field of study. This should eliminate bogus degrees and make colleges focus on education NOT safe spaces.
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Biden announces student loan forgiveness: 5 things to knowThese are some of the top questions surrounding student loan forgiveness and what experts say borrowers should consider. Surely the US government will get out of the student loan business all together. If borrowers are are going to be forgiven then continually loaning money for students is ridiculous. working class voters are now voting Republican en masse… oops
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Who qualifies for student loan forgiveness under Biden’s plan?Do you qualify for student loan forgiveness? After President Joe Biden’s student loan debt cancellation announcement, millions of borrowers can save thousands. Damn AOC hooked herself up with 10k!!! Which loans qualify? ALL Student Loan Debt! Not just $10,000 or for those who make $120k or more! If Monies can be given spent for wars we aren’t a part of, then there clearly more than enough to take care of US citizens!! POTUS studentloanforgiveness
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White House Considering $10,000 in Student Loan Forgiveness for Borrowers Who Make Under $125,000: ReportPresident Joe Biden has promised to make a decision on student loan forgiveness by the end of August, when monthly loan payments are set to resume.
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Biden's Decision on Student Loan Forgiveness Could Come as Soon as TomorrowThe Biden administration has promised to make a decision on student loan forgiveness by the end of August, when monthly loan payments are scheduled to resume after being paused for over two years: Good. They deserve it but it should be more. They work 4 times harder and for less pay than the entitled boomers who got to go to school for $500 a semester.
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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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