The senior adviser to the President and Director of the Office of Public Engagement Keisha Lance Bottoms woke up early this morning to speak The Morning Hustle regarding everything you need to know regarding the new student loan forgiveness plan that President Biden announced this week.
Text “HUSTLE” to 71007 to join The Morning Hustle Show mobile club for exclusive news. (Terms and conditions).
According to USA Today, “If you earn less than $125,000 annually, he said, you’re eligible to receive cancellation of up to $10,000 in federal student loans. If you received a Pell Grant, you can get up to $20,000 forgiven. If you’re not eligible for any student debt forgiveness, your pause on repayments continues to be paused until year-end. The Department of Education is also working on a proposal introducing a new repayment plan to ease the burden on borrowers.”
LIKE US ON FACEBOOK. FOLLOW US ON TWITTER AND INSTAGRAM. SUBSCRIBE TO OUR YOUTUBE.
The former Mayor of Atlanta explained the difference between consolidation verse cancellation, how this will benefit those dealing with financial issues from loans, and how they were able to come up with that specific amount.
Later in the conversation, she touches on the future of education and why she doesn’t begrudge those getting this opportunity, even though she is one of the many people who struggled after college to pay off her student debt. Listen to the full conversation and get more information here.
READ MORE STORIES ON THEMORNINGHUSTLE.COM:
- The Real King Of Rock N’ Roll: Check Out The Official Trailer For ‘Little Richard: I Am Everything’
- Pharrell Williams Announces The 2023 Something In The Water Festival Lineup Featuring Lil Wayne, Summer Walker, Wu-Tang Clan & Many More
- “Naatu Naatu” Google Search Skyrockets After Historic Oscars Win But Fans Were Not Pleased With The “Brown Passing” Performance
HEAD BACK TO THEMORNINGHUSTLE.COM HOME PAGE
Keisha Lance Bottoms Talks Loan Forgiveness & Those Who Paid Off Debt [EXCLUSIVE] was originally published on themorninghustle.com
Biggie Small's Killer Revealed, 24 Years Later
Brooke Bailey Before the Plastic Surgery
Nicki Minaj ft. Chris Brown - Right By My Side [New Music]
Chris Brown Caught SNIFFING 'Coke' Inside NightClub!!
Secrets OUT! Meet J.Cole's Wife; Melissa Heholt [Photos]
Omi In A Hellcat Facing 514 Years in Prison, Says He Found Loophole In The Law
Tessa Thompson Refused to Say 'Jawn' in Creed III Movie
Lupita Nyongo’s Most Stunning Photos: Fans Say Lupita’s Got “That Thang” On Her