Biden Announces Plan to Ease College Debt for Millions of Borrowers

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 46 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 51%

Politics News

Biden,College Debt,Relief

President Biden unveils a new plan to provide relief for over 30 million college graduates burdened with student debt, aiming to fulfill a campaign promise and appeal to young voters.

Biden said he wanted to “give everybody a fair shot” and the “freedom to chase their dreams” as he lamented the rising cost of higher educationsaid Monday that college graduates would see “life-changing” relief from his new plan to ease debt burdens for more than 30 million borrowers, the latest attempt by the Democratic president to make good on a campaign promise that could buoy his standing with young voters.

Trump also saw a significant number of defections during the state's primary, with nearly 119,000 Republicans voting for a different candidate than their party's presumptive nominee. “This is an unfair ploy to buy votes before an election and does absolutely nothing to address the high cost of education that puts young people right back into debt," said Sen. Bill Cassidy of Louisiana, who chairs a committee on education and other issues.

“I was surprised to see the intensity on the issue of Gaza coming not from a student voice out of Madison, but older voters in more rural parts of the district,” Pocan said. “President Biden will use every tool available to cancel student loan debt for as many borrowers as possible, no matter how many times Republican elected officials try to stand in his way,” White House press secretary Karine Jean-Pierre said in a call with reporters.

 

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

 /  🏆 524. 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.

President Biden Announces Plan to Ease Student Loan DebtPresident Joe Biden is traveling to Wisconsin to announce details of a new plan to ease student loan debt for millions. The announcement comes after primary voting in the Midwest battleground highlighted weaknesses for the Democratic president and his Republican challenger.
Source: abc15 - 🏆 263. / 63 Read more »

Trump dusts off the GOP’s 2022 abortion playbook: From the Politics DeskPlus, Biden announces his plan to cancel more student loan debt.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

President Biden Announces New Student Loan Forgiveness PlanPresident Joe Biden has unveiled a new student loan forgiveness plan that could benefit up to 30 million people. The plan includes forgiving $20,000 of unpaid interest on federal student loans and canceling the entire interest balance for low- and middle-income borrowers enrolled in income-driven repayment plans.
Source: nbcsandiego - 🏆 524. / 51 Read more »

Watch: President Biden announces new student loan forgiveness planWatch President Joe Biden announce the details of his new student loan forgiveness plan, which could benefit millions of Americans as soon as this fall.
Source: NBCLA - 🏆 319. / 59 Read more »

Biden Announces Student Loan Relief Plan to Energize Political CoalitionPresident Biden announces a plan for student loan relief to energize his political coalition and address weaknesses highlighted in the Midwest battleground. The announcement takes place in Madison, Wisconsin, and focuses on the Department of Education's ongoing efforts to tackle student loan debt.
Source: NBCLA - 🏆 319. / 59 Read more »