Biden set to announce plan to cancel $10,000 in student loan debt Wednesday

Österreich Nachrichten Nachrichten

Biden set to announce plan to cancel $10,000 in student loan debt Wednesday
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 USATODAY
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Biden expected to announce Wednesday $10,000 of student loan forgiveness for millions of borrowers

What the president is considering

More than 43 million people have federal student loan debt in the U.S., and the average borrower has about $37,000, according to data compiled by the Education Data Initiative. The outstanding federal loan balance is about $1.6 trillion.

"The hoops of means testing means that millions and millions of borrowers won’t get help," said Melissa Bryne, executive director of We The 45 Million, which represents student loan borrowers advocating for student debt cancelation. She called it"an outrageous violation" of Biden's campaign pledge to cancel student loan debt to all borrowers.Biden said in April that he was taking a"hard look" at executive action to forgive federal student loan debt.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

USATODAY /  🏆 100. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

California Democrats eye Newsom atop a 2024 ticket if Biden doesn't runCalifornia Democrats eye Newsom atop a 2024 ticket if Biden doesn't runCalifornia Gov. Gavin Newsom is a leading contender for the Democratic presidential nomination if President Joe Biden doesn’t run in 2024, as voters in his state say they are eager for alternatives.
Weiterlesen »

Congressional Democrats are urging the Biden administration to extend a waiver for student debt reliefCongressional Democrats are urging the Biden administration to extend a waiver for student debt reliefMore than 100 congressional Democrats signed a letter today asking the Biden administration to to extend a waiver for the Public Service Loan Forgiveness program through July 2023.
Weiterlesen »

PolitiFact - No, Biden is not arming up the IRS with guns and ammunitionPolitiFact - No, Biden is not arming up the IRS with guns and ammunitionIncumbent U.S. Rep. Matt Gaetz suggested the IRS is suddenly arming itself to collect your taxes. The agency has a century-old criminal investigation division that routinely buys weapons and ammunition for its special agents.
Weiterlesen »

Biden talks up economy amid recession fears and looming midterm electionsBiden talks up economy amid recession fears and looming midterm electionsAmid conflicting signals regarding the economy, the Biden administration and Republicans are trying to paint a picture of the country's overall economic health for the electorate.
Weiterlesen »

Can Antony Blinken Update Liberal Foreign Policy for a World Gone Mad?Can Antony Blinken Update Liberal Foreign Policy for a World Gone Mad?From The Magazine: Inside the shaping and execution of the Biden-Blinken doctrine.
Weiterlesen »

Opinion | Biden Administration Offers 'Concern,' But Refuses to Condemn Israeli RaidsOpinion | Biden Administration Offers 'Concern,' But Refuses to Condemn Israeli Raids'The Biden administration says it 'doesn't share Israel's position' on criminalizing 6 Palestinian NGOs, but also won't criticize Israel following a military raid on the organizations.'
Weiterlesen »



Render Time: 2025-03-15 22:59:36