Student loans are CANCELLED! Biden just introduced his 2022 student loan forgiveness plan. Borrowers can forgive up to $20,000 in student loan debt.
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Timestamps:
Biden Student Loan Forgiveness Plan (0:00)
How Much Will Be Forgiven (0:10)
Student Loan Payment Pause (1:02)
How Many People This Helps (1:24)
What Loans Are Eligible For Forgiveness (2:32)
Forgiveness Process (3:05)
Are Forgiven Student Loans Taxed (3:47)
If you Owe Less Than The Forgiveness (3:54)
If you Owe Less Than The Forgiveness (4:08)
New Income Repayment Plan (4:26)
Student Loan Policy Pros and Cons (5:22)
Like and Subscribe (8:05)
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).