The Biden administration is leaning toward canceling up to $10,000 in student loan debt for those who make less than $125,000 a year, according to a new report.| Ten thousand dollars won’t go very far against college loans heading toward $200,000 for four years at a name school, whether for something useful or the equivalent to a degree in Italian Renaissance poetry... |
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reported that the announcement could come Wednesday, and that additional forgiveness for specific parts of the population are on the table as well.
Is this expected to be a permanent thing? Or are future college loans expected to be paid back?
Liberal Democrats such as Sen. Elizabeth
Being Native American has been part of my story since the day I was bornWarren
...The Great White Squaw, Lizzie is the Dem Senatrix from Massachussetts. She traces her noble lineage all the way back to Big Chief Spouting Bull. She has high cheekbones that stretch all the way to the top of her head. It has been alleged that she speaks with forked tongue but she denies that. She had a DNA test to prove her lineage and it turns out she's colorless...
of Massachusetts have pressed for a far more sweeping loan forgiveness program. The income cap was seen as a way of insulating the White House from criticism that the debt relief is benefiting those who can afford their payments, per CNN.
Sources told the network that the White House will also weigh in on the Aug. 31 expiration of the moratorium on student loan payments.
Last month, the Education Department told loan service providers not to contact borrowers about resuming payments, according to reports.