Today news
About the same in other media
Biden Student Debt Plan Would Send More to Richer Families, JPMorgan Data Shows
Reading now: 848
President Biden’s plan to forgive student loans would send more money to wealthier families than to poorer ones, but lower-income and minority households would be more likely to have their debt forgiven entirely, the JPMorgan Chase Institute found.
Mr. Biden announced last month that he would cancel $10,000 in federal student loan debt for borrowers making under $125,000 a year or couples making less than $250,000 a year. Those who receive federal Pell Grants and make less than $125,000 a year would be eligible for total forgiveness of $20,000.
Read more on wsj.comAbout this in other media
Rightwingers threaten legal action on Biden’s student loan debt relief theguardian.com /2 years ago
New Data Show Broad Shift to Remote Work During Pandemic wsj.com /2 years ago
Despite Bitcoin's Bumpy Ride, MicroStrategy Plans to Buy More investopedia.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Shiba Inu [SHIB]: The to-do plan to capitalize on this breakout rally](https://finance-news.co/storage/thumbs_400/img/2022/9/5/39563_d50n.jpg)
![Here’s why Bitcoin [BTC]’s September gains may be nothing more than a façade](https://finance-news.co/storage/thumbs_400/img/2022/9/4/39515_1waj0.jpg)