Joe Biden’s education loan forgiveness bundle try recognized, panned of the Maine’s federal lawmakers

Joe Biden’s education loan forgiveness bundle try recognized, panned of the Maine’s federal lawmakers

Based on a quotation in the Maine Cardio to own Monetary Coverage, a left-leaning think-tank, Biden’s proposition would benefit more or less 177,000 student loan individuals when you look at the Maine, or more or less 95% of them who possess taken out government funds. Getting qualified, individuals need to earn lower than $125,one hundred thousand a-year or $250,100 to possess a wedded pair. Considering federal analytics, an average student loan personal debt inside Maine is approximately $33,one hundred thousand.

Angus Queen makes student loan change a high priority as the to arrive inside the Washington almost ten years and you can is a key designer off a legislation you to definitely reduced interest levels

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