Page 26 - Will Aarp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

intense debates inside the white house, tons of pressure from groups. there's three key elements here. the details are very important. there are income caps to actually qualify for this loan cancellation. if you are an individual who makes under $125,000 a year or a family that makes under $250,000 a year and you have federal loans, the president is going to basically sign the ability to cancel $10,000 of those loans. there's another element that's important. $20,000 could be canceled for any pell grant recipients with federal loans. that's incredibly important as the administration ...

so mj, we know the biden administration has been debate thg plan for months. why did they decide to do it? >> this is an announcement that has been in the works for so many months now, and the white house officially confirming earlier today some key details cnn reported earlier this week. let me walk you through those top headlines you just mentioned. as you said, $10,000 in debt forgive ness for people who make less than $125,000 a year, and then if you are a pell grant recipient, that amount goes up to $20,000. there is also going to be a pause that currently exists for loan paymen...

it's a game changer. we're also fixing what's called, and this has been the bane of driving me crazy when i was out of office. the public service loan forgiveness program. now, this program forgives student loans to encourage those students who have those loans if they go in to public service. think of the millions who are. public school teachers, local police officers, workers at local charities, members of the military and national guard, and so many more, think of the folks who work for federal, state, local, travel governments, keeping essentially services going, respond to go na...

november? i'll also speak with a florida primary winner trying to become the first member of congress from generation z. >> and a proposal to tackle homelessness, forcing hotels to offer up empty rooms. but how do hotel guests and owners feel? a contentious debate playing out right now in a major american city. >> welcome to "the lead." i'm jake tapper. we start today with our money lead. a monumental announcement out of the white house today affecting tens of millions of americans. president biden laying out his decision to cancel $10,000 in student loan debt for borrowers who make ...

americans cast their ballot in yesterday's primaries. from new york and florida, including one big win in a swing district that could foreshadow what we see in november. plus, today marks independence day in ukraine. now under high alert that moscow could step up strikes on civilians. we'll bring you a live report from the ground. joe biden is suspected to announce in the upcoming hours a decision on student loan debt. we'll tell you what we can expect. and uvalde, texas, the fate of the school police chief hangs in the balance today. while some children who survived the massac...