On Tuesday, President Joe Biden said he would not remove $50,000 in student debt, shooting down a measure proposed this month by Democrats. He did state that he is open to some form of loan forgiveness. “I will not make that happen,” Biden said at a CNN town hall in …
Read More »Biden to Continue Freeze of Student Loan Payments, Asks Congress to Erase Debt
Joe Biden will ask the Department of Education on Wednesday to extend the nearly year-long pause on student loan payments by September 30 as one of his first acts as president, delivering on the administration’s campaign pledge to prioritize and begin resolving the nearly $1.6 trillion debt crisis. As part …
Read More »Student Loan Payment Pause Extended To January 31
Anyone with student loans will get another month of relief after Education Secretary Betsy DeVos extended the pause on student loan payments through January 31. According to CNN, borrowers haven’t had to make payments since March, but this was set to expire on December 31. DeVos also extended the pause …
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