Biden’s student loan cancellation plan goes to Supreme Court

IS POTENTIALLY GREAT NEWS FOR STUDENT LOAN BORROWERS. IT’S A SYSTEM THAT NEEDS A COMPLETE OVERHAUL. ACCORDING TO ONE FINANCIAL AID EXPERT IN NEW HAMPSHIRE. AND HELP COULD BE ON THE WAY. PRESIDENT BIDEN’S PLAN COULD PROVIDE UP TO $20,000, CHOPPED OFF THOSE STUDENT LOAN AMOUNTS. AND THE PAY AS YOU EARN PLAN COULD BRING LONG TERM BREATHING ROOM TO BORROWERS. YES, VERY ENCOURAGED. I THINK THAT THESE ARE STEPS IN THE RIGHT DIRECTION. KEN FERRARA IS THE VICE PRESIDENT FOR STUDENT FINANCIAL SERVICES AT FRANKLIN PIERCE UNIVERSITY. SO THE FINANCIAL AID COMMUNITY, I THINK, FEELS REALLY GOOD ABOUT THIS. THIS IS THIS IS PROGRESS. THE PROSPECT OF NOT ONLY HAVING STUDENT LOAN FORGIVENESS, BUT COUPLING IT WITH OUR REVISED REPAYMENT PLAN FOR INCOME BASED REPAYMENT HELPS TO FIX THE PROBLEM. AND WHAT ABOUT CURRENT NEW HAMPSHIRE COLLEGE STUDENTS RACKING UP DEBT RIGHT NOW? IS IT USUALLY IS ABOUT TO GRADUATE FROM NSC WITH A DEGREE IN ILLUSTRATION AND TENS OF THOUSANDS IN LOANS. SHE IS TRYING TO PLAN FOR HER FUTURE. I THINK SOME TRANSPARENCY IS PROBABLY LIKE I THINK THAT, YOU KNOW, WHETHER THEY’RE WHETHER GOVERNMENT STUDENT LOANS ARE FORGIVEN OR NOT. IT WOULD BE NICE TO KNOW EITHER WAY AND LIKE HAVE SOME IDEA OF EXACTLY WHAT IT’S GOING TO LOOK LIKE. VISHAL BATARI IS A UNIQUE MANCHESTER FRESHMAN FROM INDIA. HE WILL LEAVE HIS TWO YEAR PROGRAM OWING $60,000 IN LOANS, BUT HE’S THANKFUL FOR THE OPPORTUNITY THE LOANS ARE PROVIDING AND IS CONFIDENT HE WILL GET A JOB THAT WILL ALLOW HIM TO PAY THEM OFF. AND I HAVE DECIDED FOR MYSELF THAT, YES, IT WOULD HELP ME OUT AND I WILL BE IN A JOB THAT WOULD SUSTAIN MY LIFE AND AS WELL PAYING FOR THE DEBT AS WELL. 77,000 NEW HAMPSHIRE BORROWERS WERE FULLY APPROVED FOR COLLEGE LO

Biden’s student loan cancellation plan goes to Supreme Court

Updated: 6:38 PM EST Jan 30, 2023

One financial aid expert in New Hampshire said the system needs a complete overhaul.

One financial aid expert in New Hampshire said the system needs a complete overhaul.