Between $10,000-$20,000 in forgiveness will provide relief for 75% of those with Student Loan Debt along with other changes and benefits.

Details on how to qualify:
https://www.cnn.com/politics/live-news/student-loan-forgiveness-joe-biden/

President Biden said cutting the federal budget deficit will pay for his student loan relief plan.

“I hear it all the time: ‘how do we pay for it?’ We pay for it by what we’ve done; last year, we cut the deficit by more than $350 billion. This year, we’re on track to cut it by more than $1.7 trillion by the end of this fiscal year, the single largest deficit reduction in a single year in the history of America. And the Inflation Reduction Act is going to cut it by another $300 billion over the next decade,” Biden said at the White House.

“The point is this, there’s plenty of deficit reduction to pay for the programs many times over,” he said.
“I will never apologize for helping … working Americans and middle class, especially not to the same folks who voted for a $2 trillion tax cut that mainly benefitted the wealthiest Americans and the biggest corporations, that slowed the economy, didn’t do a hell of a lot for economic growth, and wasn’t paid for and racked up this enormous deficit,” he said.

Biden then referenced Covid-19 pandemic loan forgiveness to small businesses. “They needed help. It was the right thing to do,” he said.

“The outrage over helping working people with student loans, I think, is simply wrong. Dead wrong,” he added.


FINE PRINT Re: Biden's new Student Loan Forgiveness Plan
1. This is the final extension to the student loan repayment pause - with payments resuming in January 2023.

2. Targeted relief to low-income families You qualify if you make less than $125,000 (for individuals) or $250,000 (for married couples or heads of households). If you got the Pell Grant in college, you get up to $20,000 cancelled & if not, only up to $10,000 cancelled.
If you owe LESS than these amounts, only the amount you owe gets cancelled. No refunds for money already paid.

3. HOW? Its automatic if the U.S. Department of Education already has your info. IF YOU DON'T KNOW THAT THEY DO, or they don't, you will HAVE TO APPLY. How? Below
To be notified for when the application comes out: subscribe to the US Dept of Ed's notifications. ----> https://ed.gov/subscriptions <---- and select "Federal Student Loan Borrower Updates".​
​
4. PSLF (Public Service Loan Forgiveness) will stop allowing borrowers to receive credit for past periods of repayment that would otherwise not qualify for PSLF starting OCT 31, 2022. If you want this benefit before it ends, apply for PSLF today.

www.whitehouse.gov
Public Service Loan Forgiveness - The White House

5. This new plan requires borrowers to pay NO MORE than 5% of their discretionary income monthly on undergraduate loans. (Down from 10% for the most recent income driven repayment plan).

6. No borrower making under the annual equivalent of the $15 minimum wage will have to make a student loan payment. 7/

7. Forgive loan balances after 10 years of payments, instead of 20 years, for borrowers with loan balances of $12,000 or less.

8. Cover the borrower's unpaid monthly interest, so that unlike other existing income-driven repayment plans, no borrower's loan balance will grow as long as they make their monthly payments—even when that monthly payment is $0 because their income is low.

Source: https://studentaid.gov/debt-relief-announcement/

He's a kindhearted man

Buhari no fit try am!!
Too cold hearted

Righteousness2:
Trust Biden at your peril. Biden is spear the Fall of Mystery Babylon aka Nomerica. If you can't see where Nomerica is headed to under Biden, then there is nothing else you will see.

All these Greek gifts is for the mid- term elections.
Know this and know Peace.

He is the President. He's doing service to humanity. And he is 100 times better than your President, yet, you are still alive. No Greek gift about it. Pray you have a government that cares.

Righteousness2:
Trust Biden at your peril. Biden is spear-heading the Fall of Mystery Babylon aka Nomerica. If you can't see where Nomerica is headed to under Biden, then there is nothing else you will see.

This conditional Greek gift is to get your vote for the Coming the mid- term elections.
Know this and know Peace.

You don lost finish but you never know. If you know how the American system works and how many lives and careers this decision by Biden is saving, you won't spill the rubbish you are spitting here.

When Jesus Christ Himself was asked when the end will come, he categorically said " no one knows the day nor the hour but my Father in Heaven. Even the angels do not know."

So I do not know why you are obsessed with telling us when the end will come. This sane obsession made Jehovah witnesses predict that the world will end in 1914. Same obsession made your kind to label Obama as the Antichrist.

Every generation every epoch every era has had wars, rumors of wars, pestilence , famine disease and so on.

The end will come like a thief in the night...meaning it will come suddenly and without warning.

A country that works and cares for their citizens.

Remove all the student debt instead of spending half a billion every month on Ukraine.

Still won’t allow Demo to win in November. We will collect it and vote for the republicans.

Righteousness2:
Trust Biden at your peril. Biden is spear-heading the Fall of Mystery Babylon aka Nomerica. If you can't see where Nomerica is headed to under Biden, then there is nothing else you will see.

This conditional Greek gift is to get your vote for the Coming the mid- term elections.
Know this and know Peace.

So the offset is not good?

I still not like him.

Dark Brandon on point.

Hypocritical Republican congressmen and congresswoman.

Righteousness2:
Trust Biden at your peril. Biden is spear-heading the Fall of Mystery Babylon aka Nomerica. If you can't see where Nomerica is headed to under Biden, then there is nothing else you will see.

This conditional Greek gift is to get your vote for the Coming the mid- term elections.
Know this and know Peace.

Mumu man, why don't you say anything about your clueless and wicked president Buhari.

otipoju:


You don lost finish but you never know. If you know how the American system works and how many lives and careers this decision by Biden is saving, you won't spill the rubbish you are spitting here.

When Jesus Christ Himself was asked when the end will come, he categorically said " no one knows the day nor the hour but my Father in Heaven. Even the angels do not know."

So I do not know why you are obsessed with telling us when the end will come. This sane obsession made Jehovah witnesses predict that the world will end in 1914. Same obsession made your kind to label Obama as the Antichrist.

Every generation every epoch every era has had wars, rumors of wars, pestilence , famine disease and so on.

The end will come like a thief in the night...meaning it will come suddenly and without warning.

Biden is more Christian than that Lord's Chosen fake Christian.