his plan for student loan reliefStudent loan forgiveness includes canceling $10,000 in federal student loan debt for those making below $125,000 a year, or households earning less than $250,000. He is also canceling an additional $10,000 for students who received the Pell Grant and extending the loan repayment pause to Dec. 31, 2022.
The FTC is advising consumers to remain vigilant while waiting for the next steps concerning the debt relief program. Remember, you do not need to pay anyone or do anything extra to sign up for the new debt relief program or repayment extension ― only scammers will charge you in advance.
Source: Education Headlines (educationheadlines.net)
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Scam alert: No, you don’t have to pay for student loan forgivenessScammers are looking to take advantage of student loan borrowers who are eager to have their debts canceled, the government warns. Welp, guess they’re just gonna have to automatically cancel them entirely, to make things simpler.
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Florida couple who paid off $190k in student loan debt in 27 months 'angry' over Biden's handoutCristina and Sherman Merricks call Biden's student loan handouts 'unfair' and coming at a cost to their children after working to pay off $190,000 of student loan debt. They should be. They worked their rear off to do that and it was for nothing now. Wha. Whine about it. Its not for you if you can pay it off that quickly. 1. Clearly they could afford it. 2. Canceling $10,000 of student debt was a campaign promise President Biden made in 2016. Maybe they should have been paying attention.
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Student Loan Forgiveness: Borrowers Could See Relief Before December, Biden Admin ConfirmsAfter President Biden announced student loan forgiveness, millions flooded the internet with questions: Am I eligible? Where do I apply? When will I see relief? One of those now has a clearer answer: The application will be available in early October 👏👏👏. Let's Go! Sign me up Pay your bills, it's a sign of moral character.
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Applications for student loan relief will be available early October, White House saysThe timeline for processing the application should clear borrowers to see their amount forgiven before the interest pause expires on Dec. 31. You can't 'forgive' with money that isn't yours GFYS Beside the fact it is illegal, tax payers will be footing the bill for generations while universities continue to raise tuition to support their bloated administration staffing.
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