The plan will forgive some debt for people who make $125,000 a year or less. Some groups believe this may not be enough to help minority communities.

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20 thoughts on “Biden will announce a new plan to offer student loan debt forgiveness”
  1. Before Republicans start clutching their pearls, they should ask about the 12 Republicans who used a PPP loan when they didn't need to in 2020 and got their loans paid off with a 659 billion tax dollars with the "paycheck protection" program

  2. why do the colleges get to keep all that money and tax payors have to eat that money for all the basket weaving degree students?
    why don't the colleges get forced to pay that money back. this was between the gender studies majors and the colleges, not me and all the other tax payors.

  3. Just remember what this president has done to US when you go to vote! That is if we'll still able to hold an election. Biden could cancell that too.

  4. Biden is offering even more student loan "forgiveness" to people who pursue careers in "public service." One more example of the government picking "winners" and "losers"

  5. Here is another lie and fake plan, just like Obama Care!!………. Don't believe the words coming out of his mouth!!!!
    Somewhere, somehow you will be paying that back just like the stimulus check through gas prices and inflation.

  6. It doesn't matter, the executive order will be challenged, likely ruled as overreach by SCOTUS and Biden Admin will say "We tried. We need more democrats…" and run on this issue again. The only way to bypass SCOTUS is to bring a bill in congress but Democrats don't want to do that even when they are in control right now. They could do it.

  7. They can’t help but to keep spending money as hyperinflation destroys working class Americans! And this doesn’t address the root cause of the problem. College tuition and associated fees/costs are out of control! In 4-6 years there will be many more people in the same situation. Do we bail them out to?

  8. Let’s further pander to the lazy and irresponsible. Don’t wanna be in debt, don’t spend it! Stop making others pay for your bad decisions!

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