, leaving them with high debt and poor job prospects.
Research shows that student debt holds individuals back from starting businesses, saving for their retirement and buying homes.
What a disaster
Why not adjust the predatory rates retroactively? Undo what was wrong in the first place?
Where tf we getting all this money to support Ukraine and pay off student loan debts from? 😂
Did Biden consult with Powell on loanforgiveness to coordinate with the Feds efforts to tame inflation? I would think this inflates spending
Is this legal?
And driving up inflation and the national debt. To pander and get votes for the midterms.
They are bribing voter that are going to vote for them anyway
Outlaw
He didn’t cancel anything. He just moved money from the responsible to the irresponsible.
TZ PV PQ MQ BY
Now cancel the national debt. Spending millennial into the poorhouse.
I fixed it... Biden announces an illegal ~$2,100 tax increase for every American. Forcing the ~60% of Americans without college degrees to pay down the debt for the ~40% of Americans that do. 'financial news outlet'
Senile, corrupt JoeBiden will 'forgive' the debt by making us pay the loans of deadbeats.
So with $300 billion now going towards paying off student loans, the inflation reduction act just became the inflation expansion act? Well done clown show Joe!
Forgive? He didn’t forgive, he just moved the repayment to the taxpayer.
And We Have to Pay for it!!! You think inflation is high now! You haven't seen anything yet! This Needs to be Blocked!😎
“relief” 😆 Households making $250,000 living in luxury apartments and eating at the finest restaurants every night are qualified to get that “relief.” Paid for by the struggling Americans.
Now I'm starting to wish mine weren't private loans. Bummer.
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Biden's student loan plan: What we know (and what we don't)President Joe Biden is expected to announce today that many Americans can have up to $10,000 in federal student loan debt forgiven. Here's what we know so far and what it means for people with outstanding student loans. It means the responsible will be paying for the irresponsible. The US could get more bang for the buck if it paid debts based on not the face value but what the holders of the debt paid. Why? Because most student loans are resold in'tranches' at cents on the dollar. If someone paid $1k for a 10,000, pay the $1k, wipe out $10,000! Congrats to every worker busting their ass in the the ship channel, truckers, and other blue collar gigs to fund someone’s gender studies degree. Elections have consequences.
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Biden announces mass student loan forgiveness programBREAKING: President Joe Biden has announced a mass student loans forgiveness program. This is discriminatory towards anyone who did not attend college. It’s in keeping with the slacker mentality this generation and progressives have. they’re the same one who endorse “quiet quitting”. Colleges should be on the hook for student debt. Part of the tuition should be for a placement program for the student's first job in their field of study. This should eliminate bogus degrees and make colleges focus on education NOT safe spaces.
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PolitiFact - On student loan forgiveness, Joe Biden has many optionsPresident Biden has announced a plan where $10,000 of student debt loan will be forgiven for those who didn't receive Pell Grants and make less than $125,000. The pause on student loan repayments has been extended to the end of the year. Link appears to go to a different article- heads up! Just remove the interest. That is the most common sense and fair option
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Chuck Schumer begged Joe Biden to boost student loan forgiveness: ReportBiden is expected to announce a plan on Wednesday to forgive $10,000 in debt for Americans with federal student loans who make $125,000 per year or less. What about mine from 1996? I paid them off making $24k a year The democrat world. Dems and pedo joe are better at creating fear by using the FBI, IRS and every agency to intimidate the American people.
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