Vast majority of voters not eligible for Biden’s student loan handout
Fox News
The vast majority of registered voters are not eligible for President Biden’s student loan handout that could cost each U.S. taxpayer an estimated $2,085.
Jessica Chasmar is a reporter for Fox News Digital. Story tips can be sent to Jessica.Chasmar@fox.com and on Twitter: @JessicaChasmar.
The handout only applies to student loan borrowers earning less than $125,000 a year — $250,000 for married couples — and undergraduate borrowers can cap repayment at 5% of their monthly income, Biden said.
According to a fact sheet released by the White House, federal student loan debt has reached a staggering $1.6 trillion among more than 45 million borrowers.
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