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BREAKING: Biden Administration To Cancel $10K Student Debt For Some
Posted
August 25, 2022
Views
2,428
Likes
160
Comments
62
Engagement
9.14%
August 25, 2022
2,428
160
62
9.14%
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9:31Now PlayingThe White House is set to cancel a chunk of student debt of student loan forgiveness on Wednesday(today) and just ahead of the midterms. Jayar Jackson and Francesca Fiorentini break it down on The Watchlist. Watch LIVE weekdays at noon ET.
Read more HERE
"White House officials have been weighing -- and leaning toward -- the cancellation of up to $10,000 in student loan debt per borrower tied to an income threshold, with an official announcement set for Wednesday, CNN has learned.
According to multiple sources familiar with the discussions, the plan is designed to offer forgiveness to individuals who earn less than $125,000 per year. It is not clear that a final decision on the details of the announcement has been made, and there could always be 11th-hour changes."
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