He’s also extending the pandemic payment pause until January 2023.
Gee, maybe I should get federal student loans for law school.
President Joe Biden announced that he will cancel some federal student loans and extend the pandemic payment pause:
President Biden announced Wednesday that he will cancel $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year, and up to $20,000 for Pell Grant recipients.
The president also extended the pause on federal student loan monthly payments through Dec. 31, 2022. The COVID payment pause was set to expire at the end of the month.
“In keeping with my campaign promise, my Administration is announcing a plan to give working and middle class families breathing room as they prepare to resume federal student loan payments in January 2023,” Biden tweeted. “I’ll have more details this afternoon.”
Those who have paid off their loans want to know why they have to pay other loans.
Also, the left wants more. It’s never enough for them.
I paid my student loan in full. Where do I go for my refund?
— Steven Ertelt (@StevenErtelt) August 24, 2022
I paid off 2 student loans. Where's my 20k?
— Pam Hebert (@pamehebert) August 24, 2022
So I’ve been paying my loan off for 13 years now, owe 11k now, but since I make $150k a year screw me for being successful when others get 10k wiped out? Ridiculous
— D. Batti (@RaiderBatti) August 24, 2022
What about those of us who have already worked so hard to pay them off? Now our tax $$ will be used to pay someone’s loans b/c they don’t feel like doing the work? I didn’t vote for this.
— R 📖 (@Rquietlyreading) August 24, 2022
This aged well pic.twitter.com/Wc2WO5MOGo
— End Wokeness (@EndWokeness) August 23, 2022
College borrower making six figures gets a 10K gift. Guy in the trades who borrowed money to buy a truck for his business gets a higher gas bill. Progressive "equity" means they buy votes, you pay.
— Brian Brenberg (@BrianBrenberg) August 23, 2022
Quite literally stealing money from the working class and giving it to upper class grad school alums, not to mention making inflation worse.
Truly the blue collar party! https://t.co/bE5JDb2Xdt
— Greg Price (@greg_price11) August 24, 2022
We do not need farmers and ranchers, small business owners, and teachers in Oklahoma paying the debts of Ivy League lawyers and doctors across the U.S.
This places undue burden on those already suffering due to the weight of Biden’s failed economic policy. https://t.co/kmYEP8KUuF
— Markwayne Mullin (@RepMullin) August 24, 2022
Joe Biden just…
➡️ Bailed out the wealthy
➡️ Made inflation worse
➡️ Punished those who made non-college career choices or have paid off loans
➡️ Didn't fix the high cost of higher education https://t.co/hz7NbLzv4D
— Nathan Brand (@NathanBrandWA) August 24, 2022
Thank you, but this is not enough. Please consider more–interest cancellation, full cancellation. Any of those would be more helpful.
— Jeana Melilli (@flutehues) August 24, 2022
— Commandy Andy (@NerdApprentice) August 24, 2022
you mean this promise? https://t.co/nhRcDjyjHH
— BT (@BradT2323) August 24, 2022
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