Student loan cancellation could set precedent for federal education entitlements

Student loan cancellation could set precedent for federal education entitlements


The unprecedented pause on student loan payments has been in place for 30 months and may be extended yet again, leading to questions about the long-term impact of the policy on education funding and on individual colleges and students making financial decisions.

Former President Donald Trump introduced the ban in March 2020 and extended it twice before leaving office. His replacement, President Joe Biden , has extended it four more times and is expected to do so again to move the deadline beyond the fall midterm elections .

DEPARTMENT OF EDUCATION MISCALCULATED STUDENT LOAN SPENDING BY $311B: WATCHDOG

Trending: RSBN to exclusively livestream True the Vote’s ‘The Pit’ which will reveal ‘devastating’ information about 2020

The pause has far outlived most other COVID-19-related policies and contradicts the Biden administration’s claims of a strong economy, argues Adam Kissel,

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend