Biden to cancel up to $10k in federal student loan debt for certain borrowers and up to $20k for Pell Grant recipients

[bernard]

Biden Cancels $10K in Federal Student Loan Debt and $20K for Pell Grant Recipients

Biden is also set to extend a pause on federal student loan payments for what the White House calls the “final time” through Dec. 31, 2022, and propose capping the amount that borrowers pay monthly on undergraduate loans at 5% of their earnings

www.nbclosangeles.com

Apply for Public Service Loan Forgiveness (PSLF): https://studentaid.gov/

 

[Kendrick]

 

[buckwheat1911]

The thing that I don't like about this is that it is leaving out those making over $125K. Why not forgive the amounts for all student loan borrowers?

 

[TSU/BAMA]

The thing that I don't like about this is that it is leaving out those making over $125K. Why not forgive the amounts for all student loan borrowers?

I guess they figure, if you are making over 125.000.00, you should not need that much student loan.

 

[TSU/BAMA]

Biden Cancels $10K in Federal Student Loan Debt and $20K for Pell Grant Recipients

Biden is also set to extend a pause on federal student loan payments for what the White House calls the “final time” through Dec. 31, 2022, and propose capping the amount that borrowers pay monthly on undergraduate loans at 5% of their earnings

www.nbclosangeles.com

@Mrwiregrass, what say you??

 

[The Founder]

I say forgive all loans. Does the government realize what will happen. Student loans are holding a number of people from buying homes etc.....cars...feeding the domestic product.

 

[unknown1]

I got pell grants. Today is a happy day for ya boy.

 

[Mrwiregrass]

@Mrwiregrass, what say you??

I need him to forgive all loans.

 

[CEE DOG]

I agree with the income cap. I think it should have been $200K though

 

[Buc98]

It’s 250,000 for married folks

 

[LAW DAWG]

I guess they figure, if you are making over 125.000.00, you should not need that much student loan.

Since most people haven't achieved it, there is little understanding of the ass whooping that tax bracket contains. Yet, I can't be upset at those that have been helped.

Just thinking for a moment, a slew of black government workers stand to benefit in a very impactful way.

 

[Fiyah]

View: https://twitter.com/transscribe/status/1562469646057771009?s=20&t=wrYMuoSCntRVu5Lf8VA1sg

 

[TSU/BAMA]

View: https://twitter.com/transscribe/status/1562469646057771009?s=20&t=wrYMuoSCntRVu5Lf8VA1sg

Well, this is an excellent point.

 

[Storm96]

We can always count on Mississippi to do dumb s**t

North Carolina says it will tax Biden's student-loan forgiveness, and 3 more states are likely to follow suit

Student-loan forgiveness is considered taxable income in North Carolina, the state's Department of Revenue said on Wednesday.

www.yahoo.com

 

[unknown1]

Mississippi is ranked 50th in the country in education. It's pretty apparent that they don't give a damn about that because they thrive politically off of keeping people ignorant enough to believe that fox news and newsmax are actually real news outlets.