Biden announces cancellation of student debt
Wednesday, August 24, 2022 | Tag Cloud Tags: Biden, debt, White House, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – President Biden responded to pressure from progressives on Wednesday by canceling $10,000 in student debt for borrowers who earn less than $125,000 per year and $20,000 in debt for those who received Pell Grants.
Mr. Biden has also extended the pause on federal student loan payments through December, the White House announced.
Mr. Biden is expected to deliver remarks later Wednesday to formally unveil the plan. [ Source: Washington Times (Read More…) ]
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