Biden cancels $7.7 billion in student loans for 160,000 borrowers in latest debt forgiveness
President Biden announced Wednesday that his administration is canceling $7.7 billion in student loans for 160,000 borrowers. Source link
Tag: Borrowers
Biden Announces New Plan to Bribe 25 Million Student Loan Borrowers – PJ Media
On Monday, the Biden administration unveiled its new student loan debt proposal, which, if finalized, would eliminate some debt for as many as 25 million borrowers. These plans primarily target those with “runaway interest” and borrowers who have been making payments for two decades. Moreover, it aims to assist […]
Biden Cancels Big Chunk in Student Loan Debt for Over 100,000 Borrowers
The White House announced Wednesday that it had forgiven $1.2 billion in student loans for more than 150,000 borrowers in the Biden administration’s latest push to fulfill a key campaign promise. While President Joe Biden courted many voters with a pledge to forgive all or some debt for millions of debtors, his failure to deliver […]
White House cancels $5B in student debt for 74K borrowers
In the latest wave of student loan forgiveness, the Biden administration canceled $5 billion in student debt for 74,0000 borrowers on Friday. Source link
Student loan borrowers refuse to pay, prod Biden to pony up more debt forgiveness in election year
A boycott against repaying student loans has emerged around President Biden’s efforts, largely unappreciated by his base, to erase the debt for millions of borrowers. Source link
New Bank Regulations Will Hurt Small Businesses and Middle-Class Borrowers the Most – HotAir
The rapid succession of bank failures last spring clearly spooked federal regulators at the FDIC, the Federal Reserve Board and bank depositors. The bad decision-making at Silicon Valley Bank, Signature Bank and First Republic Bank caused the regulators to implement emergency life preserver measures to banks and conjured up memories of the 2008 financial crisis. […]