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,...
President Joe Biden will announce Monday that student debt held by ten million Americans will transfer to taxpayers, White House officials told reporters Monday.
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.
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.
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”
President Joe Biden announced a new bid on Monday to provide federal student loan debt relief to millions of Americans, part of a patchwork of debt relief plans the administration has been stitching together since the Supreme Court struck down Biden’s biggest swing last summer. The new plan offered up on Monday won’t affect nearly as many people as the original plan — but it’s definitely the best workaround that the White House has come up with yet. This time around, rather than canceling the...
RALEIGH, N.C. (WTVD) -- President Joe Biden announced a new plan on Monday
President Joe Biden is taking another shot at student loan cancellation, hoping to deliver on a key campaign promise that he has so far failed to fulfill. In a visit to Wisconsin on Monday, Biden detailed a proposal that would cancel at least some debt for more than 30 million Americans. It’s been in the […]
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 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 […]
If you’re confused about President Joe Biden’s various student loan debt-cancellation schemes, who can blame you? And on Tuesday, the Biden administration unveiled its third Read More