BIDDEN: HERE’S MY PLAN FOR YOUR STUDENTS LOANS
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resident Donald Trump is yet to concede defeat over the last election. However, as it stands, Joe Biden will likely be sworn in the next US President after winning the Presidential election. He may lead the United States effective from January 2021. Biden has proposed a significant number of policies to be implemented once he gets into office. These policies are projected to affect every American primarily. Among the proposed policies by Joe Biden is the student loan policy. This policy could affect about 42 million student loan borrowers. In the US, people are given access to student loans to sort their education bills. Currently, the education department directly holds about $1.4 trillion in student debt. That’s a huge debt, and unfortunately, many can’t afford to repay their student debts. It is on this basis that Biden proposed his plans for student loans. The policy will affect a significant number of borrowers’ monthly bills. The Biden policy proposed the cancelation of student loans. This is a significant point in Biden’s manifesto, and it’ll likely be implemented if he becomes President.
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THE POWER IS NOW MAGAZINE | DECEMBER 2020
