President Joe Biden will automatically forgive student debt for almost a million borrowers, shortly after SCOTUS rejected his inititial student loan forgiveness attempt. Cenk Uygur, Farron Cousins and John Iadarola discuss on The Young Turks. https://shoptyt.com/collections/justice-is-coming
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Read more HERE: https://www.cnbc.com/2023/07/14/biden-forgives-39-billion-in-student-debt-for-some-800000-borrowers.html
“The Biden administration announced Friday it would automatically forgive $39 billion in student debt for 804,000 borrowers.
The relief is a result of fixes to the student loan system’s income-driven repayment plans. Under those repayment plans, borrowers get any remaining debt canceled by the government after they have made payments for 20 years or 25 years, depending on when they borrowed, and their loan and plan type.”
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Biden Admin Tries AGAIN With Student Loan Forgiveness
Watch TYT LIVE on weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Read more HERE: https://www.cnbc.com/2023/07/14/biden-forgives-39-billion-in-student-debt-for-some-800000-borrowers.html
“The Biden administration announced Friday it would automatically forgive $39 billion in student debt for 804,000 borrowers.
The relief is a result of fixes to the student loan system’s income-driven repayment plans. Under those repayment plans, borrowers get any remaining debt canceled by the government after they have made payments for 20 years or 25 years, depending on when they borrowed, and their loan and plan type.”
***
The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.
Help support our mission and get perks. Membership protects TYT’s independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/join
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