$30,000 Student Loan Forgiveness - EVERYTHING YOU NEED TO KNOW ON LOAN FORGIVENESS

📺Subscribe To My Channel Here!
https://www.youtube.com/channel/UCncA...

#studentloanforgiveness #loanforgiveness
Article:
https://finance.yahoo.com/news/house-democrats-cancel-student-debt-coronavirus-153039320.html

The legislation, called the #StudentDebtEmergencyReliefAct, proposes the cancellation of at least $30,000 in outstanding debt, tax-free, and proposes that the Education Department (ED) “immediately assume responsibility” for the monthly payments of borrowers who hold federal loans while suspending involuntary collections or garnishments of wages or federal income tax returns amid the crisis.
Presently, there are more than 43 million Americans with $1.5 trillion in student loan debt. Federal loans comprise $1.3 trillion of that.
Consumer advocates were happy with the representatives’ proposal.

“Rep. Pressley’s legislation would free up needed money to go to food and other essentials,” Alexis Goldstein, senior policy analyst at the Americans for Financial Reform, argued in a statement. “Instead of wages being garnished to cover student loans, borrowers would pass the savings right back into the economy by spending to meet day-to-day needs."

"We failed to address student debt in the last recession and we cannot afford to make this same mistake again,” Seth Frotman, former student loan ombudsman at the Consumer Financial Protection Bureau, added in a statement. “Student loan companies are shutting their doors and turning off their phones in response to the coronavirus pandemic, cutting off borrowers from access to critical protections ...

If borrowers have nowhere to turn to get help, lawmakers must immediately cancel student loan payments for all Americans with federal student loans.”

Have a great day!!
_______________________________________________
ErinCondren

$10 Coupon W/ Sign-Up To Insider's Program https://shareasale.com/r.cfm?b=1200956&u=2319407&m=71368&urllink=&afftrack=

Join Link - $10 Bonus
https://shareasale.com/r.cfm?b=1100573&u=2319407&m=71368&urllink=&afftrack=
_______________________________________________

Red Wallet https://amzn.to/2UZeQL9
Cannon Mark ii https://amzn.to/2UXGfNS
Mac Book Pro https://amzn.to/37t8p5O
Air Pods Pro https://amzn.to/2Svps2R
Mic for Voice Overs https://amzn.to/2UZ04Ey
Desktop Used https://amzn.to/37Bmk9U
Lighting https://amzn.to/31YY1lj
Video Editing Software https://amzn.to/2SzOspy

_______________________________________________
Please watch my other videos. Click the links below!!

1. Other Cash envelope stuffing videos
https://www.youtube.com/watch?v=ftczD_OH4Hk&list=PLCN9oZO8DCqFD6rrWLF5ESn8yVVMYsMaY
2. Money Challenge Videos
https://www.youtube.com/watch?v=VEP_9Lu3w5s&list=PLCN9oZO8DCqF9CBjfok-o5M8Yglt6JhDO

_______________________________________________
DISCLAIMER:
Some links listed above may be affiliate links, meaning I may make a commission off sales at no additional cost to you. It helps support my channel so I can continue to improve and release better content! Your support is greatly appreciated :)

Видео $30,000 Student Loan Forgiveness - EVERYTHING YOU NEED TO KNOW ON LOAN FORGIVENESS канала Mr. Budget