Months after the United States Supreme Court ruled President Biden ’s sweeping student loan handout was illegal, he is forging ahead with another partial loan forgiveness . "Today, my Administration is canceling student debt for 277,000 more people, bringing the total number of Americans who have been approved for debt relief so far under my Administration to 4.3 million borrowers through various actions," the White House said on Friday. It comes at a whopping price tag of $7.
Friday's announcement comes as shoppers across the United States are seeing their food costs soaring. Since Biden took office in Jan. 2021, the price of eggs is up 104% — from just $1.47 per dozen to a whopping $3.00, on average. Other items have seen colossal increases, including bread, which is up 29%; the price of chicken per pound is up 25%; flour per pound is up 24%; and, a stick of butter per pound is up 23% since 2021.
Source: Education Headlines (educationheadlines.net)
Biden Student Loan Loan Forgiveness Debt Relief Inflation Election Day
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