See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Student loan borrowers refuse to pay, prod Biden to pony up more debt forgiveness in election year

Posted on AllSides January 19th, 2024
From The Right

Americans saddled with student debt are boycotting their repayments to increase election-year pressure on President Biden to keep his promise of more loan forgiveness.

Since the federal government stopped a three-year “pandemic pause” on student loan repayments in October, only 40% of borrowers have paid all their monthly obligations. Meanwhile, 35% have made some payments and 25% haven’t made any, an Intelligent.com survey found.

One in 10 student loan borrowers said they have been skipping their payments intentionally to pressure Mr. Biden to cancel more debt, the survey found. Dissatisfaction...

Read full story
Some content from this outlet may be limited or behind a paywall.
https://www.washingtontimes.com/news/2024/jan/18/student-loan-borrowers-refuse-to-pay-prod-biden-to/

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right