{"id":1573127,"date":"2022-07-27T11:14:01","date_gmt":"2022-07-27T15:14:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1573127"},"modified":"2022-07-27T11:15:18","modified_gmt":"2022-07-27T15:15:18","slug":"progressives-beg-biden-for-student-loan-forgiveness-2","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/progressives-beg-biden-for-student-loan-forgiveness-2\/","title":{"rendered":"Progressives beg Biden for student loan forgiveness"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fprogressives-beg-biden-for-student-loan-forgiveness-2%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1573127&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><img decoding=\"async\" width=\"373\" height=\"210\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884-373x210-1-1.jpg\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"FILE - American University student Magnolia Mead puts up posters near the White House promoting student loan debt forgiveness on April 29, 2022, in Washington. Tens of millions of Americans are waiting to see if President Joe Biden will deliver the widespread student debt forgiveness he endorsed as a presidential candidate. Biden talked of canceling $10,000 per borrower, but the plan stalled when he asked Congress to pass the relief. With that body gridlocked, Biden recently said he&#039;s still taking a \u201chard look\u201d at the question. (AP Photo\/Evan Vucci, File)\" loading=\"lazy\" style=\"float:left; margin:0 15px 15px 0;\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884-373x210-1-1.jpg 373w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884-777x437-1.jpg 777w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2022\/07\/AP_22119634060884-180x101.jpg 180w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2022\/07\/AP_22119634060884-260x146.jpg 260w, https:\/\/dzm0ugdauank9.cloudfront.net\/wp-content\/uploads\/2022\/07\/AP_22119634060884-120x67.jpg 120w\" sizes=\"auto, (max-width: 373px) 100vw, 373px\" \/><\/p>\n<div id=\"attachment_2731166\" style=\"width: 2510px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-2731166\" loading=\"lazy\" class=\"size-full wp-image-2731166\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884.jpg\" alt=\"FILE - American University student Magnolia Mead puts up posters near the White House promoting student loan debt forgiveness on April 29, 2022, in Washington. Tens of millions of Americans are waiting to see if President Joe Biden will deliver the widespread student debt forgiveness he endorsed as a presidential candidate. Biden talked of canceling $10,000 per borrower, but the plan stalled when he asked Congress to pass the relief. With that body gridlocked, Biden recently said he&#039;s still taking a \u201chard look\u201d at the question. (AP Photo\/Evan Vucci, File)\" width=\"2500\" height=\"1666\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884.jpg 2500w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884-656x437-1.jpg 656w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884-768x512-1.jpg 768w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884-1536x1024-1.jpg 1536w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/AP_22119634060884-2048x1365-1.jpg 2048w\" sizes=\"auto, (max-width: 2500px) 100vw, 2500px\" \/><\/p>\n<p id=\"caption-attachment-2731166\" class=\"wp-caption-text\">FILE \u2013 American University student Magnolia Mead puts up posters near the White House promoting student loan debt forgiveness on April 29, 2022, in Washington. Tens of millions of Americans are waiting to see if President Joe Biden will deliver the widespread student debt forgiveness he endorsed as a presidential candidate. (AP Photo\/Evan Vucci, File)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>\nUPDATED 8:04 AM PT \u2013 Wednesday, July 27, 2022<\/h5>\n<p>President Joe Biden considers forgiving up to $10,000 of student loan debt as a ploy to appeal to young voters. The pandemic pause on student loan repayments will expire August 31 as the President attempts to extend the freeze until the end of 2022 or by next summer.<\/p>\n<p>The Education Department has told loan services not to reach out to borrowers, according to Student Loan Servicing Alliance Executive Director Scott Buchanan. The White House said no decision has been made.<\/p>\n<p>Critics worry this plan will fuel inflation and benefit rich students at the expense of lower income taxpayers. The Federal Reserve Bank of New York estimates student loan forgiveness will cost the nation more than $370 billion.<\/p>\n<blockquote>\n<p><strong>\u201cSo the President\u2019s plan disproportionately would benefit people who are in the upper income group,\u201d stated Sen. Roy Blunt (R-Mo.) while raising concerns over Biden\u2019s proposal. \u201cThe top 40 percent of American households hold 60 percent of the student loans. The bottom 40 percent have less than 20 percent of the student loans.\u201d<\/strong><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" src=\"\/\/www.youtube-nocookie.com\/embed\/REPLACE-THIS?autohide=1&#038;showinfo=0&#038;rel=0&#038;autoplay=1\" width=\"777\" height=\"437\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p>Progressives argue $10,000 is not enough and are requesting up to $50,000 worth of debt per borrower to be forgiven.<\/p>\n<h4>MORE NEWS:\u00a0<a href=\"https:\/\/www.oann.com\/us-state-dept-condemns-myanmar-executions\/\">US State Dept. Condemns Myanmar Executions<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>FILE \u2013 American University student Magnolia Mead puts up posters near the White House promoting student loan debt forgiveness on April 29, 2022, in Washington. Tens of millions of Americans are waiting to see if President Joe Biden will deliver the widespread student debt forgiveness he endorsed as a presidential candidate. (AP Photo\/Evan Vucci, File) &hellip;<\/p>\n","protected":false},"author":79,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1573127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1573127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/79"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1573127"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1573127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1573127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1573127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1573127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}