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VIDEO. "It's a huge relief": in the United States, Joe Biden erases part of the student loans

2022-08-25T13:56:24.497Z


President Biden has announced a partial forgiveness of student loans for millions of Americans. In this country, a year at university p


"I had to pay it's 27,816 dollars and now I only owe 17,000 dollars", explains Roman De La Cruz, a graduate in geology, relieved.

Joe Biden has kept his campaign promise to help American students with their loans.

This measure erases in particular 10,000 dollars for people who have not benefited from a federal scholarship for their studies.

And for others with more modest incomes, it wipes out $20,000.

"It's a huge relief, it's going to be much easier," rejoices the graduate.

The situation was beginning to be difficult for him: "Because of the loans, for the moment, I have not been able to put anything in my savings account", reveals Roman De La Cruz.

In the United States, a year at university can cost several thousand dollars.

The average US student debt is $25,000.

But according to some experts, even close to the Democratic Party, this measure would present a risk.

The United States is currently experiencing high inflation and the cost of this measure is estimated at nearly $300 billion.

Source: leparis

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