Scammers are taking advantage of the moment to steal from borrowers.
student debt
After cancellation, Democrats look to reduce future student debt
The election-season bill has dim odds of passage in the House and virtually no hope in the Senate.
The Maine Millennial: Are you telling me that government programs don’t benefit everyone equally?
Anger and indignation in response to student loan forgiveness come down to American attitudes toward class and ‘upward mobility.’
Commentary: Biden’s debt cancellation won’t end the student loan crisis
Congressional action is still needed to reform the way the government funds higher education.
Another View: Forgiving student loans is a costly mistake
Wiping out debt now will only encourage students to take out still-bigger loans in the future.
Maine Voices: There’s no good reason to resent education loan forgiveness
I say this as somebody with almost a quarter of a million dollars in student debt – which I plan to pay back.
Commentary: Biden’s student debt cancellation is a welcome starting point
We can and should do more to relieve those struggling under this burden – and to assist the scholars of the future.
Thousands of Mainers stand to benefit from student debt relief
The president’s decision to provide $10,000 in federal student debt reduction will benefit about 177,000 borrowers who live in Maine, the Maine Center for Economic Policy estimates.
Who qualifies for Biden’s plan to cancel $10,000 in student debt?
The White House estimates roughly 43 million federal student loan borrowers are eligible for forgiveness, and about 20 million could have their debt completely wiped out.
Biden’s student loan forgiveness plan could help more than 40 million people
Borrowers who earn less than $125,000 a year, or families earning less than $250,000, would be eligible for the $10,000 loan forgiveness.