Biden's decisions on student loan pause, forgiveness expected this month

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

President Biden is expected to announce his decision this month on extending the pandemic-era pause on paying back student loans and forgiving some debt.

is taking his time to reveal whether he will issue a seventh extension of the pandemic-era pause on student loan payments that expires at the end of this month, raising speculation that a bigger announcement involving student debt forgiveness will come with it.

Demonstrators outside the White House demand that President Biden cancel student loan debt on July 27, 2022. Progressives and civil rights groups are pushing for Biden to grant $50,000 in student loan forgiveness, and no less. Activists seeking to wipe away debts argue that borrowers were bamboozled by universities and the federal government alike, leaving them with inadequate wages to cover the payments and keeping them from achieving life goals like homeownership.

 

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

Why should my taxes pay for someone else's college. I already paid for my own college and still can't afford to get my Masters which I need to progress in my field. Free money isn't free.

Trying to buy votes!

I want the minimum of 75k plus back i spent in tools for the 40yrs as an automotive mechanic..

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:

 /  🏆 458. in LOANS

Loans Loans Latest News, Loans Loans Headlines