Biden announces cancellation of student debt

Wednesday, August 24, 2022 | Tag Cloud Tags: , , ,

(Worthy News) – President responded to pressure from progressives on Wednesday by canceling $10,000 in student 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 announced.

Mr. Biden is expected to deliver remarks later Wednesday to formally unveil the plan. [ Source: Washington Times (Read More…) ]

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