Are we governing AGAINST people now?
Rep. Vern Buchanan
Rep. Markwayne Mullin
Rep. Kevin Hern
Rep. Mike Kelly
Rep. Matt Gaetz
The above is a partial list of GOP members who, together, have had millions of dollars in Student loan debt forgiven.
And now that they got theirs, they want the rest of the country to “live with their decisions.” Legislation (led by America’s douche, Ted Cruz) is being introduced that would actually prevent other Americans from getting out from under debt after leveraging what they had to afford what is a basic human right in most nations. Good job.
Biden’s loan forgiveness will cancel up to $10,000 in federal student loan debt for borrowers who earn less than $125,000 a year. It will also cancel up to an additional $10,000 in federal loan debt for Pell Grant recipients. Government data shows who will benefit from student debt cancelation.
As of 2022, 43 million people owe federal student loans, averaging about $36,000 per person. Without considering the income limit, about a third of all borrowers currently owe less than the $10,000 cancellation amount. This includes women who, on average, owe larger amounts of loans than their male counterparts.
Almost one-third of federal student loan borrowers owed less than $10,000 in 2020, according to Department of Education data. The policy canceling $10,000 in student loan debt will eliminate the entirety of their debts if those borrowers make less than the income limit. Half of all borrowers owed between $10,000 and $60,000. On the other end, 7% of federal student loan borrowers owed over $100,000.
https://usafacts.org/articles/who-would-benefit-if-10000-of-student-loans-were-canceled/?utm_source=google&utm_medium=cpc&utm_campaign=ND-Education-Childcare&gclid=Cj0KCQjwvZCZBhCiARIsAPXbajuJFJVOBl2FnSeVhb1hEs73v7pLzJpwkq_RLxHO9DkFxczQqgNM7LAaAuwiEALw_wcB
As of 2022, 43 million people owe federal student loans, averaging about $36,000 per person. Without considering the income limit, about a third of all borrowers currently owe less than the $10,000 cancellation amount. This includes women who, on average, owe larger amounts of loans than their male counterparts.
Almost one-third of federal student loan borrowers owed less than $10,000 in 2020, according to Department of Education data. The policy canceling $10,000 in student loan debt will eliminate the entirety of their debts if those borrowers make less than the income limit. Half of all borrowers owed between $10,000 and $60,000. On the other end, 7% of federal student loan borrowers owed over $100,000.
https://usafacts.org/articles/who-would-benefit-if-10000-of-student-loans-were-canceled/?utm_source=google&utm_medium=cpc&utm_campaign=ND-Education-Childcare&gclid=Cj0KCQjwvZCZBhCiARIsAPXbajuJFJVOBl2FnSeVhb1hEs73v7pLzJpwkq_RLxHO9DkFxczQqgNM7LAaAuwiEALw_wcB
