A Republican lawmaker complained about student loan forgiveness, only to have the White House remind him about his own forgiven debts.Oklahoma Rep. Kevin Hern (R) took to social media on Friday to complain about President Joe Biden's latest initiative. Specifically, Biden is reported to have cancelled about $7.4 billion more in student loan debt for 277,000 borrowers."Biden's debt transfer scheme puts the burden on taxpayers, forcing the 87% without loans to foot the bill for the 13% who do,"...
The White House on Friday announced it's canceling an additional $75 billion in debt as part of the Biden administration's most recent attempt at widespread student loan forgiveness ahead of the election. The administration announced the handouts, targeted at an estimated 277,000 borrowers across the country, with the national debt topping $34.5 trillion. U.S. NATIONAL DEBT TRACKER: SEE WHAT AMERICAN TAXPAYERS (YOU) OWE IN REAL TIME Biden touted his Saving on a Valuable Education (SAVE) plan,...
The White House on Friday announced it's canceling an additional $7.4 billion in debt as part of the Biden administration's most recent attempt at widespread student loan forgiveness ahead of the election. The administration announced the handouts, targeted at an estimated 277,000 borrowers across the country, with the national debt topping $34.5 trillion. U.S. NATIONAL DEBT TRACKER: SEE WHAT AMERICAN TAXPAYERS (YOU) OWE IN REAL TIME Biden touted his Saving on a Valuable Education (SAVE) plan,...
The White House on Friday announced it will cancel another $7.4 billion in student loan debt, the latest in a string of loan forgiveness initiatives as President Joe Biden looks to take on Republican presidential nominee Donald Trump this fall.
The White House continues to court social media influencers on TikTok, despite President Joe Biden threatening their very livelihood by supporting a ban on their platform.
You may have noticed over the last few days that the political world is in an uproar over President Biden's dispensing of student debt relief. It's not so much that Biden implemented the relief program at all; what got politicians and pundits in a tizzy was that he called out the GOP naysayers in the House by pointing out that many of them had received business loans via the pandemic-era Paycheck Protection Program, or PPP, that had never been paid back. The White House tweeted out the forgiven...
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that President Joe Biden is fighting inflation and its impact by “lowering the cost of student debt for all of those borrowers”
To the editor: Columnist Michael Hiltzik asks a question on student loan debt relief that is fundamental to the direction of this country and should dominate economic policy in the 2024 election. ("Are Republicans who got pandemic debt relief hypocrites for complaining about student debt relief? Yes," column, April 16) For far too long, Republicans have maligned any form of student debt relief under the guise that it cost the taxpayers in order to fund "worthless gender studies degrees." They...
The White House and Department of Education announced that another $7.4 billion in federal student loans owed by 277,000 borrowers will not have to be repaid, bringing the total to $153 billion in forgiven student loans announced since last summer. “Thanks to all the actions taken by the Biden administration, nearly 4.3 million borrowers have […]
Here's how you can take advantage of forgiveness through SAVE if you haven't already.
The Department of Education just shared the first draft of the proposal’s rules, and there’s a lot to break down.
Student debt, a new Gallup report shows, is making it harder for young people to reach key life milestones. According to a Gallup survey of over 14,000 adults, over 70% of people say student debt has “delayed major life events” including moving out of their parents’ home, getting married, and having a child. Strikingly, there […]