The purpose of income-driven repayment plans for student loans is in the name: Give borrowers affordable monthly payments based on the income they're bringing home, with the promise of loan forgiveness after about 20 years.
When President Joe Biden arrived in his home state of Delaware on Friday, he was greeted by new calls to enact a student loan debt forgiveness plan that goes far beyond his campaign pledge.
President Joe Biden is under pressure to address a slew of issues on his docket when he took office nearly a year ago, with liberals clamoring for him to keep campaign promises despite narrow Democratic majorities.
A disabled white farmer has sued President Joe Biden’s administration over his COVID-19 loan forgiveness program, alleging he can’t participate because he is white.