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Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
Those who benefit from President Joe Biden’s policy to cancel $10,000 in student debt per borrower will not have to pay taxes on their forgiven loans thanks to a provision passed under the American Rescue Plan last year.
 
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
 
The Pacific Legal Foundation filed suit on Tuesday against the Biden administration for its policy to cancel up to $10,000 in student debt for millions of borrowers.
The Pacific Legal Foundation filed suit on Tuesday against the Biden administration for its policy to cancel up to $10,000 in student debt for millions of borrowers.
 
Sen. Joe Manchin (D-WV) spoke out in opposition to President Joe Biden’s student loan forgiveness plan, referring to it as excessive.
Sen. Joe Manchin (D-WV) spoke out in opposition to President Joe Biden’s student loan forgiveness plan, referring to it as excessive.
 
Americans facing largest national debt ever, just as Biden announces student loan forgiveness
 
President Joe Biden (D) admitted his student loan bailout is illegal during a CBS News interview that aired on Sunday night, critics say.
President Joe Biden (D) admitted his student loan bailout is illegal during a CBS News interview that aired on Sunday night, critics say.
 
Legislators waived taxes on business loans; working people deserve the same treatment
 
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
 
Amtrak announced cancellations of all long-distance train routes this week ahead of a nationwide railroad strike that could begin as soon as Friday.
Amtrak announced cancellations of all long-distance train routes this week ahead of a nationwide railroad strike that could begin as soon as Friday.
 
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
 
Hard-working iron workers in south-central Pennsylvania have no patience for President Biden’s $500 billion student loan giveaway, and they spoke out against what they feel is the unfairness of the plan.
Hard-working iron workers in south-central Pennsylvania have no patience for President Biden’s $500 billion student loan giveaway, and they spoke out against what they feel is the unfairness of the plan.
 
The U.S. government issued a statement vowing to find out who was responsible for giving out all of these predatory U.S. government loans that have caused so much financial harm to hard-working Americans.
The U.S. government issued a statement vowing to find out who was responsible for giving out all of these predatory U.S. government loans that have caused so much financial harm to hard-working Americans.
 
A recent Biden administration plan to cancel $10,000 in student debt per borrower is slated to substantially benefit some employees of the White House.
A recent Biden administration plan to cancel $10,000 in student debt per borrower is slated to substantially benefit some employees of the White House.
 
On Wednesday, leftist Harvard Law professor Laurence Tribe celebrated President Biden’s plan to cancel student loan debt, catalyzing an avalanche of harsh criticism on social media.
On Wednesday, leftist Harvard Law professor Laurence Tribe celebrated President Biden’s plan to cancel student loan debt, catalyzing an avalanche of harsh criticism on social media.
 
Biden’s student debt forgiveness plan sends powerful but dangerous messages
 
Republican members of Congress blasted a plan from President Joe Biden to cancel $10,000 in student loans per borrower, arguing that the move benefits wealthy elites at the expense of middle America.
Republican members of Congress blasted a plan from President Joe Biden to cancel $10,000 in student loans per borrower, arguing that the move benefits wealthy elites at the expense of middle America.
 
Rep. Chris Pappas (D-NH) criticized President Joe Biden’s plan to cancel $10,000 in student loans per borrower on Wednesday.
Rep. Chris Pappas (D-NH) criticized President Joe Biden’s plan to cancel $10,000 in student loans per borrower on Wednesday.
 
A reported plan from President Joe Biden to cancel thousands of dollars in student loans per borrower would worsen inflationary pressures while largely helping higher income earners, an analysis from the University of Pennsylvania’s Wharton School reveals.
A reported plan from President Joe Biden to cancel thousands of dollars in student loans per borrower would worsen inflationary pressures while largely helping higher income earners, an analysis from the University of Pennsylvania’s Wharton School reveals.
 
A clear majority of Americans believe that a reported plan from President Joe Biden to cancel thousands of dollars in student loans per borrower would increase inflationary pressures.
A clear majority of Americans believe that a reported plan from President Joe Biden to cancel thousands of dollars in student loans per borrower would increase inflationary pressures.
 
Former Treasury Secretary and National Economic Council director Lawrence Summers warned on Monday that a plan from President Joe Biden to cancel thousands of dollars in student loans per borrower could worsen runaway college tuition costs.
Former Treasury Secretary and National Economic Council director Lawrence Summers warned on Monday that a plan from President Joe Biden to cancel thousands of dollars in student loans per borrower could worsen runaway college tuition costs.
 
There are plenty of reasons to get angry about President Biden’s Executive Order to transfer about $300 billion in student loan debt to taxpayers. A few of the major themes highlighted in recent commentary include:
There are plenty of reasons to get angry about President Biden’s Executive Order to transfer about $300 billion in student loan debt to taxpayers. A few of the major themes highlighted in recent commentary include:
 
President Joe Biden’s sweeping plan to forgive billions in student debt could come back to haunt the very students it was implemented to help — and soon.
President Joe Biden’s sweeping plan to forgive billions in student debt could come back to haunt the very students it was implemented to help — and soon.
 
We applaud you for stepping up and allowing the government to take your money and invest it in the education of complete strangers, just as good and faithful Christians should.
We applaud you for stepping up and allowing the government to take your money and invest it in the education of complete strangers, just as good and faithful Christians should.
 
$100 million a year in direct federal loans for ethnic and gender studies degrees
 
THE PRESIDENT: Hey, folks. Well, good afternoon. When America made 12 years of public education universal in the last century, we became — not figuratively, literally — the best-educated public in the world and better prepared than any other nation.
THE PRESIDENT: Hey, folks. Well, good afternoon. When America made 12 years of public education universal in the last century, we became — not figuratively, literally — the best-educated public in the world and better prepared than any other nation.
 
MR. HASAN: Hi, everyone, this is Abdullah from the White House. Thanks for joining today’s background briefing on the student loans announcement.
MR. HASAN: Hi, everyone, this is Abdullah from the White House. Thanks for joining today’s background briefing on the student loans announcement.
 
President Biden has recently announced that he will be canceling $10,000 in student loan debt for all borrowers who cannot pay for loans they were forced into against their will.
President Biden has recently announced that he will be canceling $10,000 in student loan debt for all borrowers who cannot pay for loans they were forced into against their will.
 
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
 
Far-left Sen. Bernie Sanders (I-VT) defended the Biden administration’s decision to cancel thousands of dollars in federal student loan debt.
Far-left Sen. Bernie Sanders (I-VT) defended the Biden administration’s decision to cancel thousands of dollars in federal student loan debt.
 
Sen. Roy Blunt (R-MO) blasted the Biden administration’s decision to cancel $10,000 in federal student loan debt for most borrowers.
Sen. Roy Blunt (R-MO) blasted the Biden administration’s decision to cancel $10,000 in federal student loan debt for most borrowers.
 
With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda.
With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda.
 
Welcome to Bidenomics, where the president’s plans to fix the student debt crisis could drive up both inflation and the overall cost of college, while doing nothing to fix the root of the problem, and cost taxpayers as much as $1 trillion.
Welcome to Bidenomics, where the president’s plans to fix the student debt crisis could drive up both inflation and the overall cost of college, while doing nothing to fix the root of the problem, and cost taxpayers as much as $1 trillion.
 
A three-part plan delivers on President Biden’s promise to cancel $10,000 of student debt for low- to middle-income borrowers
A three-part plan delivers on President Biden’s promise to cancel $10,000 of student debt for low- to middle-income borrowers
 
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