UnSilenced News Video

773 readers

1 users here now

A place UnSilenced news

`Read Full Rules Here!`

Rules:

Rules

Titles: Video titles must be appropriate and respectful.
Misinformation: Do not spread false or misleading information.
Civility: Be respectful to other users, even if you disagree with them.
Doxxing: Do not post personal information about other users.
Threats: Do not make threats of violence or harm against other users.
** * Submissions should highlight humanist ideals they also should be about social injustice or subjects that need more exposure. Submissions must not violate the platform's safety guidelines.
Extremism: Do not promote extremist or hateful views.
Bad faith: Do not engage in bad faith discussions or arguments.
Topic: Stay on topic and avoid derailing discussions.
Violence: Do not encourage or promote violence.
Dehumanization: Do not justify the dehumanization of any other human being.
Medical misinformation: Do not spread false or misleading information about medical topics.

Rule 13: This community is a humanist/leftist community. We promote the advancement of humanity and the betterment of the world. We do not tolerate any form of prejudice or discrimination, and we encourage users to be respectful of each other's views, even if they disagree

No complaining about videos not being news videos. Videos are at the discretion of the moderators, and they may remove videos that they deem to be inappropriate or offensive. This includes videos that promote harmful and hateful ideology.

Penalties

Users who violate these rules may be warned, suspended, or banned from the community. The severity of the penalty will depend on the severity of the violation.

founded 1 year ago

MODERATORS

[email protected]

Biden Administration to Wipe Out $39 Billion in Student Loans for 800,000 Borrowers (www.wsj.com)

submitted 1 year ago by [email protected] to c/[email protected]

11 comments fedilink hide all child comments

President Joe Biden’s administration will automatically wipe a total of $39 billion in federal student loans for more than 804,000 borrowers in the coming weeks, the U.S. Department of Education announced on Friday.

The relief comes just a few months before borrowers have to start repaying their federal student loans after the COVID-19 pandemic triggered a three-year pause.

The administration’s move is a result of fixes to the student loan system’s income-driven repayment plans that ensure all borrowers have an accurate count of the number of monthly payments that qualify toward forgiveness.

“Nearly a million borrowers who have been trapped in decades of never-ending payments will finally get the relief Congress intended,” Persis Yu, deputy executive director and managing counsel at the Student Borrower Protection Center, said in a statement.

“This is only the tip of the iceberg,” Yu said. “Working people with student loan debt have been made collateral damage by a dysfunctional student loan system.”

The Biden administration and education department have also created a new repayment plan called Saving on a Valuable Education (SAVE).

The SAVE plan will cut payments on undergraduate loans in half, ensure that borrowers’ balances don’t grow as long as they keep up with their required payments and allow borrowers to save more of their income for basic needs, according to the Department of Education.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 1 year ago

Get half the Millennials to fight in a fake war and get the other half to suffer under crippling school debt

And then get ALL of them trapped with predatory lending and planned obsolescence.

All while eating yourselves to death.

Thanks.