House Democrats Pull Back On Student Loan Forgiveness
Politico is reporting that House Democrats are scaling back their efforts to provide student debt relief.
A new amendment to the HEROES Act would limit relief for people who had been in dire financial straits before March 13.
March 13 is the day President Trump declared a national emergency.
The initial provision to forgive up to $10,000 in student loans was projected to cost between $250 billion and $300 billion.
Business Insider reports that figure is more than Democrats had expected.
A new amendment to the HEROES Act would limit relief for people who had been in dire financial straits before March 13.
March 13 is the day President Trump declared a national emergency.
The initial provision to forgive up to $10,000 in student loans was projected to cost between $250 billion and $300 billion.
Business Insider reports that figure is more than Democrats had expected.