Student Loan Forgiveness: Biden Not Ready To Announce Decision

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Student Loan Forgiveness: Biden Not Ready To Announce Decision
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If you’re hoping for a decision on wide-scale student loan cancellation today or tomorrow, you’re out of luck. The White House confirmed on Tuesday that Biden isn’t “ready” to announce any decision on student loan forgiveness.

. However, if you’re hoping for a decision on wide-scale student loan cancellation today or tomorrow, you’re out of luck. The White House confirmed on Tuesday that Biden isn’t “ready” to announcedecision on student loan forgiveness. Previously, Biden said he would announce a decision on student loan cancellation before the expiration of the student loan payment pause on August 31, 2022.

In a press briefing with reporters Tuesday, White House Press Secretary Karine Jean-Pierre“When it comes to student loans and the current pause on the payments — they’re set to expire at the end of the month — a lot of borrowers told us that they feel they’ve been left in limbo, making it difficult to plan financially.

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