Finance expert reveals what Biden ‘is not saying’ about new student loan repayments

'The Ramsey Show' co-host Jade Warshaw explains how U.S. student loan borrowers will wait up to 30 years to become debt free under Biden's new handout plan.

"They're really pulling the wool over people's eyes because they go: oh, there's forgiveness here, I don't have to pay my loan," Jade Warshaw, "The Ramsey Show" co-host, said on FOX Business' " Borrowers could see their monthly payments go to zero dollars, be cut in half, or those who do make payments may save up to $1,000 per year, the White House said in a statement."If you have $12,000 of student loan debt, that's the bar getting into this and you're going to have to pay for 10 years in order to see that forgiveness. And then for every additional thousand, you pay another year," Warshaw explained.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NFL finance committee endorses Commanders deal; legal issues resolvedThe NFL finance committee met remotely Monday and unofficially approved Josh Harris’s $6.05 billion deal to purchase the Washington Commanders from Daniel Snyder. The sale is expected to close officially as soon as Friday.
Source: washingtonpost - 🏆 95. / 72 Read more »

Decentralized Finance Sector Consolidates as $44B TVL Fails to Break $50B Barrier – Defi Bitcoin NewsThroughout most of 2023, except for a brief period in April, the TVL in DeFi has consistently remained below the $50 billion range.
Source: BTCTN - 🏆 531. / 51 Read more »

Trump Hired Adviser He Pardoned for Campaign Finance CrimesFormer President Donald Trump’s 2024 campaign is once again spitting on campaign finance laws, this time by hiring a strategist who was convicted of crimes related to a political bribery scheme—and who Trump later pardoned.
Source: thedailybeast - 🏆 307. / 63 Read more »