How Student Debt Will Shape the 2022 Midterm Elections
How student loans will shape the 2022 midterm election
Which party controlling the Congress can have a bigger influence?
Is President Joe Biden's Latest Student Loan Debt Canceling Plan a Successfu
Biden administration has worked at a rapid clip to clean up student loan debt for millions of borrower's
One of the president's greatest domestic policy achievements during his early term
In the first two years of Biden's presidency, the Department of Education issued several rounds of targeted federal student loans.
Forgiveness totaling more than $32 billion, including $13 billion for 1 million borrowers
Biden announced in August plans to eliminate $10,000 in loans for borrowers earning $125,000 or less, or $250,000 or less for married couples, and $20,000.
According to estimates from the Department of Education and the Congressional Budget Office, the plan, which is expected to cost between $380 and $400 billion,
will eliminate or reduce the debt burden of 45 million borrowers and its burden on black borrowers. Will have effect. , who are disproportionately burdened by student loan debt
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