Domestic Policy
Do You Support Biden’s $500B Student Loan Handout?
President Joe Biden hasn’t yet explained how he plans to pay for student debt cancelation, which could reportedly cost taxpayers at least $500 billion…
Do You Support Biden’s $500B Student Loan Handout?
Here’s the Scoop
President Joe Biden hasn’t yet explained how he plans to pay for student debt cancelation, which could reportedly cost taxpayers at least $500 billion.
Biden unveiled the widespread student debt forgiveness plan last week, but the White House has yet to clarify how the action will be financed.
Under Biden’s proposal, announced on Wednesday, federal student loan borrowers making less than $125,000 annually will receive up to $10,000 in debt handouts. Pell Grant recipients will receive up to $20,000 in student debt cancelation.
What do you think? Do you support Biden’s plan? Let us know with your vote!
Source: Fox News