Americans frustrated with rising college costs weigh in on Biden’s student loan forgiveness plan
Some Americans frustrated with the rising cost of college tuition told Fox News they still believe President Biden’s multi-billion-dollar student loan forgiveness plan is worth the price.Biden's student loan forgiveness planJorge, a Dallas resident visiting D.C, said he wished his student debt was forgiven before he paid off his loans, but that he sees it as a temporary solution to rising college prices.
Student loan borrowers stage a rally in front of the White House to celebrate President Biden canceling some student debt.Biden announced a plan last week to use taxpayer money to pay off up to $10,000 offor those making less than $125,000 per year and $20,000 for Pell Grant recipients below that income level. The initiative will cost about $500 billion, the Committee for a Responsible Federal Budget estimates.
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