that has raged ever since President Joe Biden took office concluded with an announcement on Wednesday that Biden would cancel $10,000 in student-loan debt for Americans earning $125,000 or less per year and extend a pause on payments for all borrowers until December 31. According to the administration, 90% of the relief is being allocated to households earning $75,000 a year or less.
Biden’s plan to provide debt relief isn’t as wide-ranging as the ones that many Democrats—including senators
Reallocate to student loan debt the $1.5 TRILLION the US taxpayer spends every YEAR subsidizing Medicare, Medicaid, VA healthcare, Tricare and the FEHB. Grandpa can crowdfund for the money for his healthcare, like the rest of us do.
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Biden is canceling up to $10K in student loans, $20K for Pell Grant recipientsBREAKING: President Biden announced a sweeping effort to forgive up to $20,000 of federal student loan debt for Pell Grant recipients, and up to $10,000 for others. Biden also extended the federal student loan payment pause through Dec. 31.
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