student debt forgiveness Archives - Flux https://flux.community/tag/student-debt-forgiveness/ A platform for change Tue, 27 Sep 2022 12:44:34 +0000 en-US hourly 1 Biden’s student debt relief to cost a fraction of US giveaways to the megarich and Pentagon https://flux.community/jessica-corbett/2022/09/bidens-student-debt-relief-to-cost-a-fraction-of-us-giveaways-to-the-megarich-and-pentagon/ Tue, 27 Sep 2022 13:00:56 +0000 https://flux.community/?p=12423 As opponents of U.S. President Joe Biden’s student debt cancellation plan weaponized a new government analysis on its estimated cost, some Democratic lawmakers on Monday pointed to the report as further evidence that the administration is on the right track. In response to a request by a pair of Republicans, the nonpartisan Congressional Budget Office (CBO) said that Biden’s […]

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]]> Women — particularly women of color — stand to benefit most from Biden’s student loan relief plan https://flux.community/nadra-nittle/2022/08/women-particularly-women-of-color-stand-to-benefit-most-from-bidens-student-loan-relief-plan/ Thu, 25 Aug 2022 13:00:44 +0000 https://flux.community/?p=12138 President Joe Biden announced a highly anticipated plan Wednesday to offer student loan relief to more than 40 million people, a move supporters hope will have life-changing ramifications for borrowers, particularly women, who hold two-thirds of student loan debt, and women of color, whose loan debt is highest. Biden is forgiving $20,000 in student debt for […]

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]]> Two weeks before payments resume, progressives tell Biden ‘time to cancel student debt’ https://flux.community/jessica-corbett/2022/08/two-weeks-before-payments-resume-progressives-tell-biden-time-to-cancel-student-debt/ Thu, 18 Aug 2022 13:00:06 +0000 https://flux.community/?p=12090 With only two weeks before a pandemic-related pause on federal student loan payments expires, progressive lawmakers and organizations on Wednesday reiterated demands for U.S. President Joe Biden to finally take sweeping debt cancellation action. While Biden only campaigned on forgiving $10,000 per borrower and has reportedly considered setting an income cap for relief, activists and members of Congress […]

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