What to Know: President Biden's Student Loan Forgiveness Plan

President Biden says his plan will relieve student debt for up to 43 million borrowers, and completely eliminate student loans for almost half of them. Here’s how to know if you’re eligible for debt forgiveness under the president’s plan, and how to cash in if you are.

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[lincolnjohnson]

Remember in 2020, when Nancy Pelosi said it was illegal for the President to forgive student loans? I do. You tube it.

[Bill_Cooper]

Taxes and inflation will go up. Thanks Joe.

[ethanol]

Here's what you need to know. Your taxes are about to skyrocket

[shades]

Making policies to incentivize lowering the cost of universities and capping the price of tuition: *nah.*

Forgiving debt, which won't decrease the cost of college and will likely make it go up since universities know that people can get loan forgiveness to cover what they can't afford: *yah.*

[Skydron]

I seem to recall someone official saying that Biden doesn't have the authority to do this. Have to wonder what changed.

[weshawkins]

Congratulations to all who paid off your student loans, now you can pay off everyone else’s.

[ooh_Boi]

Well I guess we know what the extra 87, 000 IRS agents are gonna be used for.

[roseygirl]

$10, 000.00 off student loan debt, then why not $10, 000.00 off my home mortgage? Cancel my debt. Soooo, they took out the loan and we have to repay it for them.

[jimr]

It's simple, if you have a loan he wants to buy your vote by taking money from your neighbor and giving it to you.

[homiedclown]

Fun Fact: It’s not a forgiveness debt when a hard working taxpayer has to pay for it

[-old-Forthischet]

Middle class, grab your ankles.

That "not one penny" is another lie.

[cjmerobot]

I don’t have any student debt. I paid my own way by working.

[timothypritchard]

Brandon got to do everything he can to get votes for his party.

[headscrewedonright]

He's just throwing crumbs so you'll vote correctly at Midterms. Wait until you file taxes, you'll have to pay for that "Forgiveness" This administration is a slap to the face for every American. FJB.

[jogginmcjoggerson]

What To Know: "Responsible people are paying for the mistakes of irresponsible people"

[jmabs]

Band aid on a bullet hole. How about instead thoes funds go to thoes with massive medical debt? It is disgusting how much a simple ER visit is this country even with decent private insurance...

[avgjayevryday]

“Loan forgiveness plan”? More like “Raise taxes on the tax payers plan”

[cdlund]

There is no such thing as "loan forgiveness". There is only loan transfers which means someone who did not take out the loan has to pay for others being irresponsible. Sick of this crap.

[jessebarfield]

I payed off my undergrad AND masters. All on a teachers salary. Do I get a reward for being responsible and holding my end of the bargain up? I Think every single responsible person who sacrificed and payed off their loans should be rewarded with up to a 20, 000 tax credit. How about that? Will it ever happen? Nope. But that is how stupid our government is.

[MrMustardU]

Election Stealer JB needs to do time in the State Penitentiary