On Friday, the Biden Administration announced that it plans to automatically forgive $39 billion in student debt for 804,000 borrowers.
In the wake of legal challenges to the plan for student loan debt forgiveness, the pandemic-era pause on payments is extended until June 30, 2023.
In a conservative victory, a Trump-appointed federal judge in Texas struck down Biden's $400 billion plan to relieve student loan debt.
The potential announcement by the Biden administration to forgive $10,000 worth of student loan debt for those making under a certain amount has been met with displeasure by the NAACP, who feels it's not enough to help Black borrowers who are most impacted by student loan debt. The post NAACP Says Biden Student Loan Debt Relief Proposal Not Enough appeared first on The Latest Hip-Hop News, Music and Media | Hip-Hop Wired.
