• Mission
  • Contact Us
  • Privacy Policy
  • Subscribe
  • Terms of Service
Conscious Life News
5-day Holosync Challenge
  • Home
  • Conscious Living
    • Activism
    • Animals and Pets
    • Conscious Evolution
    • Conscious Parenting
    • Happiness & Humor
    • Inspirational
    • Manifestation / LOA
    • Meditation
    • Peace & Human Rights
    • Relationships & Sex
    • Thrive
  • Economy
    • Business
    • Education
    • Loans and Frugal Living
    • Investing and Insurance
  • Environ.
    • Climate Change
    • Eco-Friendly
    • Farming & Gardening
    • Environmental Hazards
    • Nature & Wildlife
    • Preparedness
  • Govt.
    • Agencies & Systems
    • The Fed & Banking Cartel
    • Censorship
    • Govt. Corruption
    • Internet Control
    • Military Industrial Complex
    • Policies
    • Politics
    • Govt. Surveillance
    • Whistleblower
  • Health
    • Alternative Health Care
    • Big Pharma, CDC & FDA
    • COVID-19 Vaccine
    • Diet, Weight Loss, Obesity
    • Exercise and Fitness
    • Food, Drink & Nutrition
    • Healing & Natural Remedies
    • Herbs, Seeds & Spices
    • Human Energy Systems
    • Longevity & Life Extension
    • Mind-Body Connection
    • Pet and Animal Health
    • Prevention
    • Skin & Hair Care
  • Horoscopes
  • Media
    • Alternative Media
    • Books
    • Art and Music
    • Corporate Controlled Media
    • Films & TV
    • Internet
    • Social Media
  • Reality’s Edge
    • Afterlife & Past Lives
    • Ascension
    • Astrology & Numerology
    • Channeling & Readings
    • Dreams, ESP & Remote Viewing
    • Dying, NDE, & OBE
    • ETs, UFOs & Crop Circles
    • Mandela Effect
    • Mysteries
    • Predictions & Prophecies
    • Quantum Physics
    • Reality Shifts & Timelines
    • Spirituality and Religion
    • Angels & Spirits
  • Sci-Tech
    • Archaeology
    • Earth & Space
    • Futurism & Inspiring Inventions
    • Medical Advances & Procedures
    • Nature
    • Psychology-Psychiatry
    • Science
    • Technology
No Result
View All Result
  • Home
  • Conscious Living
    • Activism
    • Animals and Pets
    • Conscious Evolution
    • Conscious Parenting
    • Happiness & Humor
    • Inspirational
    • Manifestation / LOA
    • Meditation
    • Peace & Human Rights
    • Relationships & Sex
    • Thrive
  • Economy
    • Business
    • Education
    • Loans and Frugal Living
    • Investing and Insurance
  • Environ.
    • Climate Change
    • Eco-Friendly
    • Farming & Gardening
    • Environmental Hazards
    • Nature & Wildlife
    • Preparedness
  • Govt.
    • Agencies & Systems
    • The Fed & Banking Cartel
    • Censorship
    • Govt. Corruption
    • Internet Control
    • Military Industrial Complex
    • Policies
    • Politics
    • Govt. Surveillance
    • Whistleblower
  • Health
    • Alternative Health Care
    • Big Pharma, CDC & FDA
    • COVID-19 Vaccine
    • Diet, Weight Loss, Obesity
    • Exercise and Fitness
    • Food, Drink & Nutrition
    • Healing & Natural Remedies
    • Herbs, Seeds & Spices
    • Human Energy Systems
    • Longevity & Life Extension
    • Mind-Body Connection
    • Pet and Animal Health
    • Prevention
    • Skin & Hair Care
  • Horoscopes
  • Media
    • Alternative Media
    • Books
    • Art and Music
    • Corporate Controlled Media
    • Films & TV
    • Internet
    • Social Media
  • Reality’s Edge
    • Afterlife & Past Lives
    • Ascension
    • Astrology & Numerology
    • Channeling & Readings
    • Dreams, ESP & Remote Viewing
    • Dying, NDE, & OBE
    • ETs, UFOs & Crop Circles
    • Mandela Effect
    • Mysteries
    • Predictions & Prophecies
    • Quantum Physics
    • Reality Shifts & Timelines
    • Spirituality and Religion
    • Angels & Spirits
  • Sci-Tech
    • Archaeology
    • Earth & Space
    • Futurism & Inspiring Inventions
    • Medical Advances & Procedures
    • Nature
    • Psychology-Psychiatry
    • Science
    • Technology
No Result
View All Result
Conscious Life News
No Result
View All Result
Home Economy Education

Recent Student Loan News

by clnews
December 19, 2021
in Education, Loans and Frugal Living
Reading Time: 3 mins read
0 0
A A
0
0
SHARES
486
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp
Print Friendly, PDF & Email

Over the years, millions of Americans have obtained students loans to go back to school. Regardless of the degree that they’re getting, they’ll have to pay thousands of dollars. Unfortunately, most students won’t receive enough scholarships to pay for their educations. Instead, they’ll have to obtain a student loan and pay it back once they’ve graduated. Although it sounds simple, it isn’t. Most Americans remain in student debt long after they’ve graduated. Many will never get out of student debt even if they get a good job later.

Recently, there have been talks of a possible student loan forgiveness program. More about this topic and other student loan news will be provided below.

Current Statistics

Unfortunately, millions of Americans have taken on student loan debt over the years. In November 2021, it was revealed that more than 43 million students had accumulated nearly $40,000 in debt. In total, Americans own more than $1.59 trillion in student debts. Suffice to say, it is crippling the nation. Instead of buying a home and starting a family, these individuals are struggling to survive. Their student debts are crippling them and stopping them from achieving the American dream.

Another issue is the fact that most students will never repay their loans. The Federal Government believes that a quarter of all present full-time undergraduates who’ve received student loans will repay them. As a result, three-quarters of Americans in student debt will never repay their loans. Instead, money is lost along the way. Alternatively, Americans may die with hefty student debt bills hanging over their heads.

President Biden’s Promises

During the runup of the recent presidential election, Presidential hopeful Joe Biden made a lot of promises. Many of those promises involved the government giving money to Americans. First, he said he would give all Americans $2,000 in pandemic relief. When he took office, the amount was quickly slashed. In total, each American only received $1,400 during Biden’s time in office. Suffice to say, it has been a sign of things to come. Recently, the president has continued to fail to live up to his promises.

Before the election, Biden pledged that he would forgive at least $10,000 in student loan debt. Although many argued that it wasn’t enough, most will agree that it was better than nothing. Most graduates still in debt from student loans have received no assistance whatsoever. Some believe this will change in February.

President Biden Ignores Fellow Democrats

Democrats have called on the President to extend pandemic relief benefits. They also encouraged Biden to do more to help people struggling with student debts. Nevertheless, Biden is going in the opposite direction. While many Americans are still struggling and living paycheck to paycheck, President Biden will likely restart all federal student loan payments beginning in February. Despite pressure from many Democrats, Biden has not backed down from the decision.

For nearly two years, the balances of federal student loan borrowers have been frozen. Borrowers did not need to pay. Most haven’t paid since March 2020. In addition to this, the Federal Government prevented interest from accumulating on these student debts.

Former President Trump and President Biden helped ensure that American borrowers wouldn’t need to pay during this time. The restart date was previously on September 30, 2021. However, Biden pushed the restart date back until January 31, 2022. President Biden and members of his administration have repeatedly said that this will be the last extension. Borrowers will need to save money to ensure they can start paying their debts again.

They’ll have to be careful when wagering money on เว็บตรงสล็อต and buying nonessentials.

Biden Waiting For Bill

Finally, readers should realize that President Biden previously promised to cancel student debt. In total, the President claimed he would cancel $10,000 for each borrower. Again, the President has not fulfilled that promise. Furthermore, many progressives have urged the Democratic President to cancel up to $50,000 of student debt per borrower. Biden is not going to support that idea. Many do not believe he will cancel any student debt since he hasn’t tried to do so.

Earlier this week, Jen Psaki claimed President Biden would cancel student debt if Congress sent him a bill to sign. The only problem is that she knows this will never happen since Democrats would have to work with Republicans to achieve this goal.

ShareTweetSend
Previous Post

Why Land-Based Businesses Need An Online Outlet To Consumers?

Next Post

Understanding the Psychology Behind the COVID Pandemic | Dr. Joseph Mercola

Related Posts

Education

Recent Student Loan News

December 19, 2021
The Key Benefits of Studying Your A Levels Online
Education

The Key Benefits of Studying Your A Levels Online

November 29, 2021
Economy

What Is a Car Loan and What Are Its Advantages?

October 25, 2021
Economy

8 Apps That Can Help You Achieve Financial Freedom

October 22, 2021
Economy

6 Tips to Save Money and Make Your Life Happier

October 1, 2021
Education

The Top 5 Online Korean Classes to Learn the Korean Language Easily

September 14, 2021
Next Post
Billions Of People Are Affected By This & They Don’t Realize It; Here’s How To WAKE Them Up | Dr. Robert Malone

Understanding the Psychology Behind the COVID Pandemic | Dr. Joseph Mercola

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Conscious Life News

The mission of Conscious Life News is to be a global leader in the consciousness-raising of the planet.

Follow Us

Browse by Category

  • Activism
  • Afterlife & Past Lives
  • Agencies & Systems
  • Alternative Health Care
  • Alternative Media
  • Angels & Spirits
  • Animals and Pets
  • Archaeology
  • Art and Music
  • Artificial Intelligence
  • Ascension
  • Astrology & Numerology
  • Astrology Overview
  • Big Pharma, CDC, FDA & NIH
  • Books
  • Business
  • Careers
  • Censorship
  • Channeling & Readings
  • Climate Change
  • Conscious Evolution
  • Conscious Living
  • Conscious Parenting
  • Corporate Controlled Media
  • COVID-19 Vaccine
  • Daily
  • Diet, Weight Loss, Obesity
  • Dreams, ESP & Remote Viewing
  • Dying, NDE, & OBE
  • Earth & Space
  • Eco-Friendly
  • Economy
  • Education
  • Environment
  • Environmental Hazards
  • ETs, UFOs & Crop Circles
  • Exercise and Fitness
  • Farming & Gardening
  • Featured
  • Federal Law
  • Films & TV
  • Food, Drink & Nutrition
  • Futurism & Inspiring Inventions
  • Government
  • Govt Censorship
  • Govt. Corruption
  • Govt. Surveillance
  • Happiness & Humor
  • Healing & Natural Remedies
  • Health
  • Herbs, Seeds & Spices
  • Home Maintenance, Repairs & Improvement
  • Horoscopes
  • Human Energy Systems
  • Inspirational
  • Internet
  • Internet Control
  • Investing and Insurance
  • Laws and Lawyers
  • Lifestyle and Fashion
  • Loans and Frugal Living
  • Longevity & Life Extension
  • Mandela Effect
  • Manifestation / LOA
  • Maya / Matrix / Virtual Reality
  • Media & Arts
  • Medical Advances & Procedures
  • Meditation
  • Military Industrial Complex
  • Mind-Body Connection
  • Monthly
  • Mysteries
  • Nature
  • Nature & Wildlife
  • News Flash
  • Peace & Human Rights
  • Pet and Animal Health
  • Policies
  • Politics
  • Predictions & Prophecies
  • Preparedness
  • Prevention
  • Psychology-Psychiatry
  • Quantum Physics
  • Reality Shifts & Timelines
  • Reality's Edge
  • Relationships & Sex
  • Sci-Tech
  • Science
  • Skin & Hair Care
  • Social Media
  • Spirituality and Religion
  • Stuff
  • Technology
  • The Fed & Banking Cartel
  • Thrive
  • Uncategorized
  • Weekly
  • Whistleblower
  • World

Recent News

The Moral Issue of Our Time – Gabor Maté on Palestine

The Moral Issue of Our Time – Gabor Maté on Palestine

May 24, 2025
Gemini Season Deep Dive Video + Zodiac Forecasts All signs…

Gemini Season Deep Dive Video + Zodiac Forecasts All signs…

May 23, 2025

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result

© 2023 ConsciousLifeNews.com - Premium WordPress news & magazine theme by Jegtheme.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.