'Debt and no degree': Biden cancels as much as $20K in student loan debt
President Joe Biden said Wednesday he will cancel at least $10,000 in student loan debt for millions of borrowers, giving long-sought relief to Americans saddled by payments and taking a major gamble to energize young voters ahead of the midterm elections.
Biden, who made the move using executive authority, said it’s become out of reach for many Americans to go to college.
“That ticket has become too expensive for too many Americans,” he said. “The burden is so heavy that even if you graduate, you might not have the ticket that graduating college once offered.” (More info, including who qualifies, at the Courier-Journal)
Here’s how many Kentuckians could benefit from $10K in student loan forgiveness from Biden
Hundreds of thousands of Kentuckians could be freed from student loan debt under a forgiveness plan announced by President Joe Biden Wednesday.
In Kentucky, the decision could mean 209,400 residents would have their loans forgiven entirely, a 2021 study from the Kentucky Center for Economic Policy found. Another 406,200 Kentuckians would benefit from a portion of their debt being forgiven. (Herald-Leader)
Barr, McConnell slam Biden's student loan debt plan
Opinions are coming in from politicians and citizens alike following President Biden's announcement regarding student loan forgiveness. Following the announcement, Congressman Andy Barr (KY-06) and Senator Mitch McConnell published releases of their own, opposing Biden's plan. (Editor’s note: Quelle surprise) (Fox Lexington)
DNC chair Jaime Harrison rallies with Charles Booker in west Louisville
The national Democratic Party showed U.S. Senate candidate Charles Booker some love this week by sending a top official to Louisville to stump for his David vs. Goliath bid to defeat Republican Sen. Rand Paul.
Democratic National Committee Chair Jaime Harrison joined Booker Tuesday, meeting with local union leaders and other folks during the day before appearing at a fundraiser to support the Kentuckian's candidacy and then at a campaign rally that evening, where over 300 people gathered at the Kentucky Center for African American Heritage. (Courier-Journal)
FEMA says it has approved half of Eastern Ky. flood claims, talks temporary housing plans
After criticism it was approving too few relief claims for flood victims in Eastern Kentucky, the Federal Emergency Management Agency says it has OK’ed at least half of the 11,000 applications it’s received so far. In a conference call with reporters Monday, agency representatives said FEMA has approved 5,734 of the 11,306 total relief applications it had received as of close of business Sunday. About 1,800 claims to date have been deemed ineligible for FEMA assistance. Agency representatives said on the call that its employees are still working with those applicants to see what options are available for them. Some 2,000 applications for FEMA assistance changed from ineligible to eligible Monday alone, they said. (Herald-Leader)
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