Joe Biden could have gone a lot further on student loans
President Joe Biden has just launched a plan to forgive a portion of federal college loan debt for millions of Americans. In a speech from the White House, he explained that the Department of Education would “forgive $10,000 in outstanding federal student loans” and that Pell Grant recipients would “have their debt reduced [by] $20,000.” Only those making less than $125,000 a year would qualify for the relief. Given that the average student debt is nearly $30,000, this certainly does not erase the burden that millions of Americans carry with them—some doing so for life, from graduation to past retirement. Continue reading → Bev Conover Editor & Publisher Intrepid Report https://www.intrepidreport.com https://www.facebook.com/intrepidreport http://twitter.com/#!/Intrepid_Report [email protected]
Source: http://www.intrepidreport.com/archives/36334
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