The current student loans pause is set to expire soon.
The current pause on payment of federal student loans is set to expire soon, but President Joe Biden could cancel some loan debt.The Biden administration is leaning toward canceling up to $10,000 in student loan debt for every borrower, but may tie the relief to an income threshold, sources told.
The current pause on payment of federal student loans is set to expire soon, but President Joe Biden could cancel some loan debt.The Biden administration is leaning toward canceling up to $10,000 in student loan debt for every borrower, but may tie the relief to an income threshold, sources toldMalaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden is on the verge of a student loan triumph. What's the holdup?The Biden administration is expected to reveal in the next week whether a pause on student loan payments will continue.
Read more »
Biden aides 'talking daily' about student loans, expect decision soon: Education Secretary CardonaBeyond the pause in loan payments, the Biden administration has been under pressure from some Democratic lawmakers and student loan activists to forgive up to $50,000 in student loans.
Read more »
White House leaning toward canceling $10,000 in student loan debt for borrowers who make less than $125,000White House officials are leaning toward canceling up to $10,000 in student loan debt for borrowers who make less than $125,000, sources tell CNN.
Read more »
59% of Americans Worry Student Loan Forgiveness Will Make Inflation Worse, CNBC Survey FindsAhead of President Joe Biden’s decision on student loan forgiveness, a CNBC/Momentive survey finds mixed views on the issue and concerns about economic impact.
Read more »
Larry Summers warns student loan debt relief could worsen inflationFormer Treasury Secretary Larry Summers urged President Biden to let a student loan payment pause expire at the end of the month, warning that extending it could worsen inflation.
Read more »