Biden says he’s ‘taking a hard look’ at student loan forgiveness

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President Biden said he’s “taking a hard look” at canceling additional federal student loan debt and will reach a decision within a month.

“I’m in the process of taking a hard look at whether or not there will be additional debt forgiveness,” he said. “And I’ll have an answer on that in the next couple of weeks.”

Although activists have been encouraged by their increasing traction on this issue, some said they were concerned that Biden wouldn’t go far enough. White House press secretary Jen Psaki said Thursday that Biden was still considering whether to tie debt relief to borrowers’ income levels, an idea he’s floated in the past. She said it’s “certainly something he would be looking at.”

 

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Oh goodie. A bandaid fix to a much bigger wealth gap problem. How about we fix the retirement and tax system?

This is a misquote, what he said was he’s “hard from looking at students.”

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Biden taking 'hard look' at student loan debt but 'not considering' forgiving $50,000 per borrowerPresident Joe Biden said Thursday he's considering ways to deal with reducing student debt burdens, but forgiving $50,000 in loans isn't in the cards. He's dealing with it...you heard him. Doesn't remember his name but is dealing with this. Okay. NOTE: EVERYTHING that POTUS stated to the American people, is a TOTAL lie! The war in Ukraine is NOW America's war. Biden has JUST placed the burden of this war on the backs of hard-working Americans by using our tax dollars to fund it - while people struggle to live! SHAME! Interest rates have kept students in debt longer. They have paid way over what the education cost, which was also high. And they don’t make the salary to catch up. At least knock off all that interest paid extra that’s weighed them down. Rs tax break for wealthy was a payoff
Source: CNN - 🏆 4. / 95 Read more »

Biden taking 'hard look' at student loan forgivenessPresident Joe Biden said Thursday that he's “taking a hard look” at canceling additional federal student loan debt and will reach a decision within a month. “I am considering dealing with some debt reduction,” Biden told reporters in the Roosevelt Room at the White House. The comments came days after Biden had a private meeting with Democratic lawmakers who pressed him on the issue. “President Joe Biden said Thursday that he's “taking a hard look” at canceling additional federal student loan debt” Errata. ”President Biden said that he’s taking a hard look at buying votes in advance of the midterm elections.” Your idea sucks I don't want to repay a bunch of useless baristas Biden and his Leftist Liberal Democrat puppet masters need to buy a many votes as possible since their policies are a disaster. A plan like this only further destroys the economy and leaves future generations with a big mess to clean up.
Source: YahooNews - 🏆 380. / 59 Read more »

Biden taking ‘hard look’ at student loan forgivenessThe comments came days after Biden had a private meeting with Democratic lawmakers who pressed him on the issue. Most of those student loans are from upper-middle class and upper class people. By all means, make the middle class and working poor pay $13K each to pay off those loans to the wealthy.
Source: AKNewsNow - 🏆 460. / 53 Read more »

Biden taking 'hard look' at student loan forgivenessPresident Joe Biden said he is considering forgiving some federal student debt, a step that would help him fulfill a campaign promise and provide relief to borrowers who took out thousands of dollars in loans to finance their higher education. Only if he makes the colleges pay the bill. Bribing lazy voters who default on their contracts Haha who really cares! He promised these students one thing and keeps stringing them allong! I hope all that voted or supported him! Sees his game.
Source: KSLcom - 🏆 549. / 51 Read more »