U.S. President Joe Biden boards Air Force One to depart Marine Corps Air Station Cherry Point, North Carolina, U.S. November 21, 2022. REUTERS/Jonathan Ernst
WASHINGTON, Nov 22 - The United States will extend a pandemic-era pause in student loan repayments to no later than June 30, 2023, President Joe Biden said on Tuesday.the Supreme Court to lift a lower court's order blocking his plan to cancel billions of dollars in student debt in a challenge brought by six Republican-led states.
The June 30 date would give the U.S. Supreme Court an opportunity to hear the case before its current term ends, Biden said onIn a policy benefiting millions of Americans, Biden announced in August that the U.S. government would forgive up to $10,000 in student loan debt for borrowers making less than $125,000 a year, or $250,000 for married couples.
"I'm confident that our student debt relief plan is legal. But it’s on hold because Republican officials want to block it," the U.S. president said on Tuesday.
That will help inflation and moral obligations.
This is fiscally irresponsible and is only going to add to our monetary issues…
Thank you - Tax Payers
Kicking the Can Down the Road
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