People Power Party presidential candidate Na Kyung-won proposes low-interest loans and debt forgiveness for newlyweds to combat low birth rates, offering 200 million won loans at 1% interest with full principal forgiveness for having four children.
#YonhapInfomax #LowBirthRate #NaKyungWon #HousingLoan #DebtForgiveness #PopulationPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58955
#DebtForgiveness
Borrower defense claims aren’t just a for-profit college issue. New federal data shows **22% of claims** involve nonprofit colleges—and **approval rates are twice as high** compared to for-profits.
https://thecollegeinvestor.com/55461/non-profit-colleges-see-spike-in-loan-forgiveness-claims/
Spain's central government has agreed to forgive over 17 billion dollars in debt owed by Catalunya.
Learn more with the link in bio - @rorshok.spain
#Spain #Catalunya #DebtForgiveness #SpainPolitics #EconomicPolicy #Finance #GovernmentDecision #BreakingNews #EuroEconomy #PublicDebt
Last week in Spain, March 5th, rundown:
(1) President Sánchez announced that Spain would grant Ukraine a one-billion-dollar military aid package.
(2) Spain's central government has agreed to forgive over 17 billion dollars in debt owed by Catalunya.
Listen to the full stories and more in the latest episode of the Update! Link in bio - @rorshok.spain
Picture credits: [Euractiv, CatalanNews, DenverPost, Newsweek]
#Spain #PedroSánchez #UkraineAid #MilitarySupport #Catalunya #DebtForgiveness #SpainPolitics
Public Service Loan Forgiveness (PSLF) is **not** affected by the recent pause on IDR applications. Borrowers can still certify employment and make qualifying payments. However, new IDR enrollments are on hold, which may create issues for some working toward PSLF.
Keep an eye out for updates and explore temporary options if needed.
#StudentLoans #PSLF #DebtForgiveness
https://thecollegeinvestor.com/54476/pslf-still-available-while-idr-applications-are-frozen/
Really we should be talking more about #DebtForgiveness
#President #JoeBiden’s #student #debtforgiveness #plan to remain #blocked, #Partisan #federaljudge #orders
But it has been #Republican #officials that have tried to #block the #relief, and #Partisan #Republican #judges that have #ruled against the #financialaid #package
#Women #Transgender #LGBTQ #LGBTQIA #Conservatives #Extremism #Fascism #Courts #Corruption #RepublicanParty #ThePartyOfHate
https://www.cnbc.com/2024/09/19/biden-student-debt-forgiveness-ruling.html
The coalition of 11 #Republican-led states, headed by #Kansas AG #KrisKobach, alleged in their lawsuit that the president overstepped his authority in creating the repayment program — claims that mirror the case that last year toppled #Biden’s initial effort to forgive up to $20k in federal #StudentLoans. The states say Biden’s new repayment plan is an attempt to sidestep a #SCOTUS ruling that struck down his #DebtForgiveness program.
“I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity,” #Biden said in a stmnt Wed. “I will never stop working to cancel student debt — no matter how many times Republican elected ofcls try to stop us.”
#BidenHarris2024 #VoteBlue #economy #finance #loans #debt #StudentLoans #DebtForgiveness #Education
With the #election months away, #POTUS #Biden is lauding his admin’s achievements in delivering loan cancellation to nearly 4.8M people through a mix of existing programs & new policies. #Republicans have remained staunchly opposed to the effort, decrying it as a waste of taxpayers’ money & patently unfair to Americans who never went to college.
#BidenHarris2024 #VoteBlue #economy #finance #loans #debt #StudentLoans #DebtForgiveness #Education
#Biden admin cancels an additional $7.7B in #StudentLoans
>160k student loan borrowers are now in line to have their balances canceled, bringing the total amount of #DebtForgiveness allowed under the Biden admin’s policies to $167B, the #Education Dept announced Wed.
#BidenHarris2024 #VoteBlue #economy #finance #loans #debt
https://www.washingtonpost.com/education/2024/05/22/biden-administration-cancels-an-additional-77-billion-student-loans/
This ridiculous #FarRight #SCotUS actually compared #StudentLoan #DebtForgiveness to the Japanese Internment Act of 1942, and giving free healthcare to every citizen as a gateway to #tyranny.
But when faced with an ACTUAL argument that a #Potus should be #AboveTheLaw... even if they try to violently overthrow the government, this #RightWing court has demurred. #GOPHypocrisy #IOKIYAR #Facism 🤬 https://www.msnbc.com/alex-wagner-tonight/watch/trump-presidential-immunity-case-exposes-conservative-supreme-court-s-true-colors-209812549928
The Biden administration has canceled $144 billion of federal student loan debt for nearly 4 million borrowers to date.
This is after the Supreme Court blocked Biden's original program that would have canceled up to $20,000 for low- & middle-income borrowers, for an estimated total of $430 billion of debt relief.
Student loans: Biden to forgive $5.8 billion in student loan debt for nearly 78,000 public-sector workers | CNN Politics
https://www.cnn.com/2024/03/21/politics/student-loan-forgiveness-emails/index.html
Pres. Biden has forgiven $136 billion of #StudentDebt since he took office. That has impacted 3.7 million borrowers. He's also revitalized the income driven repayment plans and public service forgiveness programs. Read more: https://www.cnbc.com/2024/02/12/biden-has-forgiven-136-billion-in-student-debt.html
#StudentLoans #DebtForgiveness
Last week, the Biden administration announced it was forgiving an additional $5 billion of #StudentDebt for borrowers who have worked in public service for at least a decade. Read more: https://www.newsweek.com/new-student-loan-forgiveness-application-how-apply-1862381
#LoanForgiveness #DebtForgiveness
Biden announces plan to cancel some student loan balances under $12,000
Starting next month, people who took out under $12,000 in federal student loans and have been repaying those loans for 10 years will get their remaining student loan balance cancelled once they enroll in the Saving on a Valuable Education Plan, known as SAVE.
“This action will particularly help community college borrowers, low-income borrowers, and those struggling to repay their loans,” Biden said in a statement.
“And, it’s part of our ongoing efforts to act as quickly as possible to give more borrowers breathing room so they can get out from under the burden of student loan debt, move on with their lives and pursue their dreams.”
This initiative builds on the Biden administration’s effort to cancel federal student loan debt following last year’s U.S. Supreme Court decision that struck down the White House’s plan for a one-time cancellation of up to $10,000 for federal borrowers. Student loan borrowers who had received Pell Grants — federal aid to help low-income students pay for higher education — could have qualified for an additional $10,000 in forgiveness.
#USPol #Politics #USPolitics #News #Biden #JoeBiden #StudentLoans #StudentLoanForgiveness #LoanForgiveness #StudentDebt #DebtForgiveness
I uploaded a new video -- something piqued my interest recently in the form of the upcoming student loan boycott. I sincerely believe that if people go through with it then it's almost a sure shot for debt cancellation, and it would likely also force a serious policy debate about tuition free college.
#politics #studentloans #studentdebt #debtforgiveness #debtstrike
So the new "SAVE plan" to effectively cancel most loans, but over a long period of time, while increasing grants to reduce new loans, makes a lot of sense.
https://www.ed.gov/news/press-releases/biden-harris-administration-launches-most-affordable-repayment-plan-ever-transforming-income-driven-repayment-cutting-undergraduate-payments-half-and-preventing-unpaid-interest-accumulation
However it's also likely to cost more than a simple #DebtForgiveness aka haircut. Which is why such programs must be decided by expert agencies accountable to elected officials, not by an unelected #SCOTUS moonlighting as an actuary who doesn't know math.
Conservative groups sue to block Biden plan canceling $39 billion in student loans
#APNews #ConservativeGroups #StudentLoans #DebtForgiveness #BidenPlan #Lawsuit #Politics #News
#lizwarren #ElizabethWarren #studentloans #studentdebt #debtforgiveness #petition
Liz Warren has been lying for too long about the presidential powers to cancel student debt. However, congress could pass laws to cancel debt, and all kinds of other powerful things. Let's all remind Liz that she has a job, & that job gives her the power, & also the responsibility, to do something useful about student debts.
So let's all say, c'mon, Liz, you can do more than stir up hate!
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