The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Elroy Jetson who wrote (5697)	6/4/2020 10:25:58 AM
From: elmatador	of 13801

Joe Biden Calls For Widespread Student Loan Forgiveness Apr 9, 2020 Let's get Biden elected. How? Destabilizing Trump administration. From inside our houses? Yes. True. Not many chances. Then Floyd incident provided the right opportunity Here are the details. Biden’s proposal would forgive all undergraduate federal student loan debt for borrowers who attended public colleges and universities, as well as historically black colleges and universities (HBCUs) and private minority-serving institutions (MSIs).Borrowers who earn an income of less than $125,000 per year would be eligible for student loan forgiveness.Biden also supports $10,000 in across-the-board federal student loan forgiveness as a response to the Coronavirus crisis. Senate Democrats had proposed this idea, but Senate Republicans rejected it in the final version of the CARES Act. In addition, Biden has expressed support for Senator Warren’s proposal to amend the bankruptcy code to allow student loan debt to be more easily discharged in bankruptcy.

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