The News GodThe News GodThe News God
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • More
    • Travel & Tour
    • Education
    • Entertainment
      • Biography
      • Net Worth
      • Famous Birthdays
    • General
    • Games
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Reading: President Biden has unveiled a new student loan handout.
Share
Font ResizerAa
The News GodThe News God
Font ResizerAa
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • More
Search
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • More
    • Travel & Tour
    • Education
    • Entertainment
    • General
    • Games
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Follow US
  • About Us
  • Authors
  • Advertise
  • Contact Us
  • Disclaimer
  • My Bookmarks
  • Terms of Use & Privacy Policy
  • Media Partners
The News God > Blog > News > President Biden has unveiled a new student loan handout.
News

President Biden has unveiled a new student loan handout.

Torffic Frimpong
Last updated: August 24, 2022 4:40 pm
Torffic Frimpong - Content Writer
August 24, 2022
Share
2 Min Read
Biden
SHARE

Under the approach proposed by Biden, beneficiaries of the Pell Grant who have outstanding student loan amounts of up to $20,000 will have those sums canceled.

On Wednesday, President Biden announced that he would forgive up to $10,000 in debt for students whose annual incomes are less than $125,000, and up to $20,000 for students who have received Pell Grants. This forgiveness would take place in conjunction with the president’s decision to delay the beginning of the federal student loan repayment period until the end of the year.

Biden stated in a tweet that “In keeping with my campaign vow, my Administration is offering a proposal to provide breathing room to working and middle-class families as they prepare to start repaying federal student loan debt in January 2023.”

Wednesday is the day that President Biden is going to talk about the proposition.

Related Posts

Elon Musk’s Call for Government Workers Sparks Divisions in Trump Administration
Elon Musk’s Call for Government Workers Sparks Divisions in Trump Administration
‘If Nigeria was good, what would citizens go in search for in South Africa’ – Davido fumes
How To Buy fake ids Online: Tips to Stay Safe and Avoid Scams
Fox News Today: FISA court judge demands info about FBI lawyer linked to Carter Page warrant

The sum of all outstanding federal student loans in the United States has now topped $1.6 trillion, following a period of steady growth over the previous few decades. The most recent statistics show that more than 43 million people in the United States are now carrying federal student debt, with more than half owing less than $20,000 and more than a third owing less than $10,000.

Burglars in NYC flee in a stolen Rolls-Royce after stealing keys from a Staten Island resident.
In NYC, violent crime murders a teen boy and injures a teen girl.
Top 4 Benefits of Live Streaming Football Sports Games
According to a Twitter poll, Americans think Elon Musk is “untrustworthy and brilliant.”
In the middle of a drought, Houston asks Texans to save water.
Share This Article
Facebook Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Ben Foster lauds Erik Ten Hag's decision to bench Harry Maguire for the Liverpool game. Ben Foster lauds Erik Ten Hag’s decision to bench Harry Maguire for the Liverpool game.
Next Article Steps in turning off Netflix Autoplay and the next episode. Steps in turning off Netflix Autoplay and the next episode.

Latest Publications

Japan Releases AI Video to Prepare Tokyo for Mount Fuji Eruption
Japan Releases AI Video to Prepare Tokyo for Mount Fuji Eruption
News
August 28, 2025
Minneapolis Catholic School Shooting
2 Children Killed, 20 Injured In Minneapolis Catholic School Shooting
News
August 27, 2025
Hamas probably wouldn’t have attacked if Trump were the president, says Benjamin Netanyahu
Hamas “probably” wouldn’t have attacked if Trump were the president, says Benjamin Netanyahu
News
August 27, 2025
Denmark summons top US officials
Denmark summons top US officials over suspected influence operations in Greenland
Politics
August 27, 2025
From Classic to Contemporary: 8 Most Entertaining Vampire Books Ever Written
Entertainment
August 27, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe

You Might also Like

D.C. River
News

Company Will Pay $57 Million For “Toxic Pollution” of D.C. River

October 6, 2023
NATO Deploys Fighter Jets to Intercept Five Russian Aircraft
News

NATO Deploys Fighter Jets to Intercept Five Russian Aircraft

September 23, 2024
News

According to a top UK official, AI might outweigh the influence of the Industrial Revolution on “all elements of life.”

August 17, 2023
News

Akufo-Addo’s Cabinet rejects CSE

October 6, 2019
Show More
© 2025 Thenewsgod. All Rights Reserved.
  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Disclaimer
  • Authors
  • Media Partners
  • Videos
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?