Biden says he’s now considering wiping ‘substantial’ amount of $1.6tn owed by 43 MILLION student loan borrowers – far more than the $10,000-per-student he proposed while running for presidency

Sharing is Caring!
  • Joe Biden said he was thinking about forgiving student debt but failed to provide specifics 
  • Has raised speculation he’s now planning to cancel far more than the $10,000-per-student he proposed while running for presidency
  • Progressive Democrats have called for all student debt to be forgiven  
  • U.S. Rep. Tony Cardenas said the president suggested a plan to canceling some debt for the 43 million students holding $1.6 trillion in loans on Monday
  • The White House has yet to provide the logistics on how student loan forgiveness would work with a deadline set for August 31
  • It comes after the Department of Education elected to once again extend the halt on student loan repayments until the end of August 
See also  California energy officials warn of possible blackouts this summer for up to 4 million people


h/t  Boo_Randy

Help Support Independent Media, Please Donate or Subscribe:
See also  Estimated 1.5 million households across the UK will struggle to pay food and energy bills over the next year. This is not limited to the UK. This will be world wide

Views: 48

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.