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ELECTION YEAR BRIBE: Biden Forgiveness Of $300 Billion Dollars Of Student Debt Equals Inflation To Americans
ELECTION YEAR BRIBE - FEE LOAN FORGIVENESS
President Joe Biden is today expected to announce a student loan handout plan that would essentially use taxpayer money to pay off up to $10,000 of student debt per borrower making under $125,000 per year.
That means Americans may be footing a nearly $300 billion bill if Biden goes through with the reported plan — plus extends a repayment pause to next year.
The nation's federal student debt now tops $1.6 trillion after ballooning for years. More than 43 million Americans have federal student debt, with almost a third owing less than $10,000 and more than half owing less than $20,000, according to the latest federal data.
News Source: https://www.foxnews.com/lifestyle/americans-bidens-student-loan-handout-plan-suspicious
Hosted on Acast. See acast.com/privacy for more information.
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By Michael Lodge
3.7
33 ratings
ELECTION YEAR BRIBE - FEE LOAN FORGIVENESS
President Joe Biden is today expected to announce a student loan handout plan that would essentially use taxpayer money to pay off up to $10,000 of student debt per borrower making under $125,000 per year.
That means Americans may be footing a nearly $300 billion bill if Biden goes through with the reported plan — plus extends a repayment pause to next year.
The nation's federal student debt now tops $1.6 trillion after ballooning for years. More than 43 million Americans have federal student debt, with almost a third owing less than $10,000 and more than half owing less than $20,000, according to the latest federal data.
News Source: https://www.foxnews.com/lifestyle/americans-bidens-student-loan-handout-plan-suspicious
Hosted on Acast. See acast.com/privacy for more information.