President Biden of the United States has announced that he will exempt part of the repayment in order to reduce the financial burden on those with student loans, and it is believed that this is aimed at appealing to voters before the mid-term elections this fall. .
President Biden held a meeting at the White House on the 24th and announced that student loans to pay college and other tuition fees were a burden for many people, and that he would exempt part of the repayment.
Eligible people are those with an annual income of $ 125,000, less than about 17 million yen in Japanese yen, and those who receive scholarships for low-income earners up to $ 20,000, about 2.74 million yen, and others. People are exempt from repayment of up to $ 10,000, approximately 1,370,000 yen.
In the United States, student loans are widely used to pay for high tuition fees, and in general, at the time of graduation, people have debts exceeding 3.4 million yen, and there are cases where they cannot repay them for a long time, which has become a social problem. I'm here.
President Biden said that about 43 million people will be subject to this measure, saying, ``People can finally get out of the mountain of debt. They will be able to think about buying a house, having a family, and starting a business. ', emphasizing its significance.
The Biden administration seems to be aiming to appeal to voters before the November mid-term elections, but the opposition Republican Party is increasingly criticizing it for ``waking up inflation.''