When Americans head to the polls in November, President Joe Biden will have had a direct effect on the household finances of about 4 million of them: He canceled their student loan debt.
As someone relying on pslf, I was terrified under Trump the whole thing would be scrapped.
The Trump administration also called for ending the Public Service Loan Forgiveness program, which cancels student debt for eligible public-sector workers who have made 10 years of qualifying monthly payments. It was eliminated from Trump’s proposed federal budget all four years he was in office. Congress never adopted the proposal.
Biden has expanded PSLF eligibility and is conducting a recount of past payments to fix any past servicing errors and make sure borrowers get credit for every payment they’ve made.
Republicans will surely try to get rid of pslf again if they return to power.
They certainly will, given a chance. Republicans operate out of spite.
If Biden wants to win, he needs to draw more clear distinctions between himself and his predecessor, and he must persist in pursuing meaningful change toward the goals those distinctions represent.
As someone relying on pslf, I was terrified under Trump the whole thing would be scrapped.
Republicans will surely try to get rid of pslf again if they return to power.
They certainly will, given a chance. Republicans operate out of spite.
If Biden wants to win, he needs to draw more clear distinctions between himself and his predecessor, and he must persist in pursuing meaningful change toward the goals those distinctions represent.