May 18, 2024
Loans

DeSantis bashes Biden’s student loan forgiveness plan, claims it’s a ploy to get voters • Florida Phoenix

Gov. Ron DeSantis slammed President Joe Biden’s student loan forgiveness initiatives on Wednesday, dragging sociology degrees in his criticism of the federal plan to cancel debts for millions of students across the nation. Instead of unilaterally canceling debt, universities should back the loans, DeSantis said during a bill signing event in St. Petersburg, in the

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Loans

Explaining student loan forgiveness

FORGIVENESS? THE BIDEN ADMINISTRATION ANNOUNCED EARLIER THIS WEEK THAT $1.2 BILLION OF STUDENT LOAN DEBT WAS CANCELED HERE IN PENNSYLVANIA. THAT MEANS 5600 BORROWERS WILL HAVE THEIR DEBT ERASED. BUT THIS IS ONLY POSSIBLE IF YOU’RE ENROLLED IN THE SAVING ON A VALUABLE EDUCATION PLAN OR SAVE. SAVE IS THE NEWEST INCOME DRIVEN REPAYMENT PLAN

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