President Joe Biden said that nearly 22 million people have applied for federal student loan relief in the week since his administration made its online application available.
DOVER, Delaware — President Joe Biden said Friday that nearly 22 million people have applied for federal student loan relief in the week since his administration made itsavailable — more than half of the number the White House believes are eligible for the program.
Speaking at Delaware State University, a historically Black university where the majority of students receive federal Pell Grants, Biden touted the first-week statistics since theBiden’s plan calls for $10,000 in federal student debt cancellation for those with incomes below $125,000 a year, or households that make less than $250,000 a year. Those who received federal Pell Grants to attend college are eligible for an additional $10,000.
“Folks, it takes less than 5 minutes,” Biden said. He said the “vast majority” of applicants are able to submit for relief from their phones. Biden blasted Republicans who have criticized his relief program, saying “their outrage is wrong and it’s hypocritical." He added, “I don’t want to hear it from MAGA Republican officials” who had millions of debt and pandemic relief loans forgiven, naming GOP lawmakers like Reps. Vern Buchanan and Marjorie Taylor Greene, who received loan forgiveness, and Sen. Ted Cruz, who called some beneficiaries of student loans ”slackers.
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