Back in the 1980s, there was a $2,500 limit on the amount of federal student loans you could take out in a year. The limit on federal loans for students is much higher now. I personally was able to borrow over $20,000 for one year. Some high-tuition colleges average over $55,000 per student in debt. … Read more
Senate Democrats are pushing President Biden to cancel at least $50,000 of federal student loan debt. “Sen. Elizabeth Warren (D-MA) and Senate Majority Leader Chuck Schumer (D-NY) will hold a press conference today to introduce a resolution in Congress that calls on President Joe Biden to cancel up to $50,000 of student loans for student loan … Read more
As the 2020 election heats up, many votes are calling for action regarding student loan debt in the United States. Many votes believe that all student loan debt should be cancelled. So how does Joe Biden feel about the issue? Biden does not support total student loan debt cancellation. However, in the wake of the … Read more
