U.S. Senators Sheldon Whitehouse and Jeff Merkley proposed new legislation — the Simplifying and Strengthening PSLF Act help more student loan borrowers qualify for student loan forgiveness.
The Biden administration is focused on revamping public service loan forgiveness to encourage more student loan borrowers to apply and get student loan forgiveness. This new legislation could gain some bipartisan support, since it’s tied to public service. As a presidential candidate, Biden also supported reducing the requirements for public service loan forgiveness to five years. However, Biden’s proposed toeach year for five years.
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560,000 Borrowers Will Get Automatic Student Loan Forgiveness, But Others Can Still Apply For ReliefWhile hundreds of thousands of borrowers will see their student debt balances forgiven automatically, the program that underlies the administration’s newest student loan cancellation initiative is open to anyone. 🥱redux… 👎🏻🤡
Source: Forbes - 🏆 394. / 53 Read more »
Let's forgive student debt, but only for the hardest-luck borrowersOPINION: Biden is taking flak for not forgiving multiples more in student debt. Bernie Sanders wants Biden to vaporize all $1.6 trillion with a stroke of his presidential pen. Biden should plug his ears to such pleas, writes Rich Barlow. RadioFreeTom Bernie Sanders thinking something is a good idea is a flashing warning light that’s yelling “don’t do it!” RadioFreeTom I think it would be insane to do this without addressing the root causes of how we got here first. I’m so glad Bernie was never President Let Bernie pay for it. Besides if Biden were to wipe out all current debt then it wouldn't be fair not to wipe out all future debt.
Source: WBUR - 🏆 274. / 63 Read more »
560,000 Borrowers Will Get Automatic Student Loan Forgiveness, But Others Can Still Apply For ReliefWhile hundreds of thousands of borrowers will see their student debt balances forgiven automatically, the program that underlies the administration’s newest student loan cancellation initiative is open to anyone. There are dry goodbyes just imagen ........ if you could ....... like you know ...... so many tings .......... its amazing ............. lots of plasic crap that you can exualy recicel buy for 50 bucks and get a free plastic trash can !!!!!!!! for plastic that has the richt FUCKING symbol on it I think this would anger so many parents and folks who have paid their education loans already.
Source: Forbes - 🏆 394. / 53 Read more »
Opinion: Student loan borrowers should be thankful and pay their debtsI’ve already paid for mine and my child’s education. I don’t want to pay for theirs. Boomer ass shit take On the contrary tax payers should be thankful for profiting off the interest these indebted students pay for years and years, especially the boomers who collect their social security checks all while advocating for keeping the younger generations from the same economic prosperity More Money 🤗 !!!
Source: sdut - 🏆 5. / 95 Read more »
Home-lending activity plummets 20% in D-FW amid affordability challengesNorth Texans are taking out far fewer new home loans than they did a year ago, a signal that higher housing costs have cooled demand among borrowers.
Source: dallasnews - 🏆 18. / 71 Read more »
Student-loan forgiveness will help narrow America's racial wealth gap, new report says, but others call it 'costly and ineffective'Black students are more likely to take on student loans than white students, and also carry the highest levels of student debt across demographics, according to a new report. So are you saying white students are smarter? Seems racist Quick team - how do a bribe a generation of voters who we have nuked the future of? Color of your skin is not the issue, key color here is green 💵….pay your depths already
Source: MarketWatch - 🏆 3. / 97 Read more »