In defense of his debt relief program, President Biden said last week that his administration will beat back the states’ legal challenge and predicted cancellation would soon commence.when asked about the case. “I think in the next two weeks you’re going to see those checks going out.”
That last bit left some people confused. Borrowers eligible for the forgiveness will not receive a check through Biden’s program but will see their balances reduced by up to $20,000. The debt relief plan aims to cancel as much as $10,000 in federal student loan debt for people earning less than $125,000 a year, or less than $250,000 for married couples. Those who receivedNow, there is a separate initiative that could deliver refunds to someoff their debtmoratorium in March 2020. The policy went largely unnoticed until the Biden administration made note of it when the president unveiled the debt relief plan.
Spend 4 years being shot at for profit, and we'll forgive your student loans peasant.
More promises that are the equivalent of nothing more than pandering, vote-buying lies.