Meet a Republican who would have all $10,000 of his student loans canceled under Biden's plan but thinks it's an unfair policy

Quick Summary:

Matthew, 28, would get all of his loans forgiven under the program, but he predicts the Supreme Court will overturn it.

The 28-year-old Republican is set to get all of the loans for his master's degree canceled — if President Joe Biden's relief program is allowed to go through.

Before the Education Department stopped accepting new applications from borrowers in response to the ruling from the 8th Circuit, 16 million borrowers had already been approved for relief.

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Article Details

Category: Economy

Markets: United States

Topics: Student debt relief Student debt cancellation Student loan forgiveness Economy Republicans Student loan relief Biden administration Student debt forgiveness Politics Student Loans

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-27 @ 13:10:00 (4 months ago)

News Timezone: GMT -5:00

News Source URL: businessinsider.com

Language: English

Article Length: 1071 words

Reading Time: 6 minutes read

Sentences: 67 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Insider

News ID: 1974428

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