110,000 US Borrowers Receive Debt Relief Through the Federal Loan Forgiveness Program
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
110,000 US Borrowers Receive Debt Relief Through the Federal Loan Forgiveness Program
110,000 U.S. Borrowers , Receive Debt Relief Through , the Federal Loan Forgiveness Program.
NBC News reports changes to the Public Service
Loan Forgiveness Program have provided
about $6.8 billion in debt relief.
.
Over 110,000 borrowers in the United States
have reportedly reaped the benefits.
According to the Department of Education,
the average amount of debt forgiven
per borrower is close to $60,000.
.
In 2007, the Public Service Loan
Forgiveness program was signed
into law by President George W.
Bush.
.
The program allowed for nonprofit
and government employees to have their
loans forgiven after 10 years or 120 payments.
.
However, according to NBC, the program
was plagued by problems resulting in many
borrowers being ruled not eligible for debt relief.
.
NBC reports that hundreds of thousands more could see their student loans forgiven under the policy changes made by the Biden administration last year.
.
NBC reports that hundreds of thousands more could see their student loans forgiven under the policy changes made by the Biden administration last year.
.
Those changes include
a reassessment of borrowers' timelines
and of payments previously ruled ineligible.
.
According to the Consumer Financial Protection Bureau,
as many as one-quarter of workers in the U.S. could be
eligible for debt relief under the temporary policy changes.
.
According to the Consumer Financial Protection Bureau,
as many as one-quarter of workers in the U.S. could be
eligible for debt relief under the temporary policy changes.
.
The Biden administration's temporary
changes to the program are scheduled
to expire on October 31, 2022
Former Senator Joe Lieberman , Dead at 82.
Lieberman died in New York on
March 27 after suffering complications
from a fall, NBC News reports.
Senator Lieberman’s love of God,
his family, and America endured
throughout his life of service
in the public interest, Joe Lieberman's family, via statement.
Lieberman was the 2000 vice presidential nominee who ran for office with Al Gore.
Gore took to X on March 27
to offer his condolences. .
I am profoundly saddened by
the loss of Joe Lieberman... Joe was a
man of deep integrity who dedicated
his life to serving his country, Al Gore, via X.
It was an honor to stand
side-by-side with him
on the campaign trail. , Al Gore, via X.
I’ll remain forever grateful for
his tireless efforts to build
a better future for America, Al Gore, via X.
Former President George W. Bush also issued a statement, calling Lieberman "one of the most decent people I met during my time in Washington.".
Former President George W. Bush also issued a statement, calling Lieberman "one of the most decent people I met during my time in Washington.".
As Laura and I pray for Hadassah
and the Lieberman family, we
also pray that Joe’s example of
decency guides our Nation’s
leaders now and into the future, George W. Bush, via statement.
Other colleagues and international
leaders weighed in as well.
Other colleagues and international
leaders weighed in as well.
In an era of political carbon
copies, Joe Lieberman was
a singularity. One of one. , Sen. Chris Murphy, D-Conn., via X.
In my very first meeting with him
decades ago, I was struck by his integrity,
decency and civic courage. He had a deep
moral sense and common sense and
was fearless in the defense of truth, Benjamin Netanyahu, prime minister of Israel, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
This Day in History: , The War in Iraq Begins.
March 19, 2003.
In a televised address to the American people,
U.S. President George W. Bush announced the
beginning of a war that would end up lasting eight years.
48 hours earlier, the
U.S. had issued an ultimatum
to Iraqi dictator Saddam
Hussein to leave his country.
As justification for the war, Bush cited the
existence of weapons of mass destruction and
the country's support of terrorist groups.
The Hussein regime was toppled within
just a few weeks, but insurgents continued
a bloody guerrilla war against coalition forces.
In 2006, U.S. soldiers captured
Saddam Hussein while he was hiding in
a hole not far from his hometown.
He was tried, found guilty and executed
for crimes against the Iraqi people.
On December 15, 2011, the U.S. military
declared the end of its mission in Iraq.
Despite an extended investigation, U.N. inspectors
found no evidence of weapons of mass destruction in Iraq
Credit: Wibbitz Top Stories Duration: 01:01Published
US President Joe Biden is expected to pass a bill on Wednesday giving Ukraine $60 billion in its efforts to stave off Russia's ongoing invasion. Despite the hoopla some Ukrainian lawmakers express hesitation about how the support will actually help the front line.
Credit: euronews (in English) Duration: 01:46Published
President Joe Biden said the package “sends a message to the world about the power of American leadership” and that he would sign it into law on Wednesday.
Credit: euronews (in English) Duration: 01:00Published
The Senate has passed $95bn (ÂŁ76.2bn) in war aid to Ukraine, Israel and Taiwan after months of delays and rows - with Joe Biden set to sign the legislation.. Sky News
Federal Student Loan Repayment , Pause Extended Through August.
Federal Student Loan Repayment , Pause Extended Through August.
CNN reports the pause on federal student
loan repayments has been..
Credit: Wibbitz Top Stories Duration: 01:30Published
Dave Rubin of “The Rubin Report” talks about the leaked supreme court decision over the possible overturning of Roe v. Wade, Jen Psaki being unaware that Biden’s student loan forgiveness program..
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