November 5, 2024 The Newspaper Serving LGBT Los Angeles

Los Angeles Mayor Joins President Biden to Announce $1.2B Student Loan Relief

President Biden in a Groundbreaking Move to Alleviate Student Debt Burdens.

On February 21, Mayor Karen Bass of Los Angeles stood alongside President Joe Biden as he unveiled a significant move by the Biden-Harris Administration to automatically discharge $1.2 billion in loans, benefitting nearly 153,000 eligible borrowers. This action comes within the framework of President Biden’s Saving on a Valuable Education (SAVE) Plan, with 7.5 million borrowers currently enrolled and 4.3 million experiencing a $0 monthly payment.

In a pre-event gathering at CJ’s Cafe in Baldwin Hills, Mayor Bass expressed her pleasure in participating, thanking Culver City Mayor McMorrin and acknowledging the presence of Senator Padilla, Congresswoman Sydney Kamlager-Dove, Chair of the Board of Supervisors Lindsey Horvath, and Supervisor Holly Mitchell.

Addressing the student loan crisis, Mayor Bass emphasized its broader implications, stating, “Skyrocketing student loan debt doesn’t just prohibit young people from getting the education they need and deserve; student loan debt prevents young people from buying a car, a house, and starting a family.” She framed tackling student loan debt as a multifaceted initiative, touching on jobs, housing, and economic motivation for the youth.

Describing the impact on the workforce, Mayor Bass highlighted its relevance to addressing homelessness, emphasizing the need for more professionals in crucial fields. Bass said, “President Biden is rebuilding our crumbling infrastructure and has delivered historic investments to combat climate change. Los Angeles has truly known no greater partner than the President and his administration. Mr. President, our City, and our region are grateful for the work you have done – and will continue to do. On behalf of the 4 million Angelenos, we say thank you. Welcome, Dr. Saint Paul and President Joe Biden.”

President Biden reciprocated Mayor Bass’s gratitude, saying, “Mayor Bass, thank you for your partnership and, more importantly to me, your friendship.”

in NEWS
Related Posts

Election Day Freebies and Discounts: Where to Eat, Drink, and Watch Election Results

November 4, 2024

November 4, 2024

From Free Doughnuts To Watch Parties, How To Unwind With Election Night Deals With this election day being one of...

DuPont Clinic Issues a Statement After City of Beverly Hills is Held Accountable By CA Attorney General Bonta

November 4, 2024

November 4, 2024

AG Rob Bonta Intervenes in Unprecedented Case, Defending Abortion Access Attorney General Rob Bonta launched an investigation after reports that...

LADWP to Begin Water Main Replacement on La Cienega Boulevard on November 4

November 4, 2024

November 4, 2024

1,300 Feet of Water Main to Be Replaced, Expect Traffic and Parking Restrictions The Los Angeles Department of Water and...

Legendary Music Icon Quincy Jones Dies at 91 in Bel Air

November 4, 2024

November 4, 2024

Celebrated Musician, Producer Leaves an Indelible Legacy By Dolores Quintana Legendary musician, music producer, film and television producer, composer of...

Brentwood’s Beloved New York Bagel Co. to Close After 21 Years at Topa Town & Country Center

November 4, 2024

November 4, 2024

Local Favorite, Designed by Renowned Architect Fred Gehry, Must Vacate by December 31 By Dolores Quintana New York Bagel Co.,...

Academy of Motion Picture Arts and Sciences Lays Off Longtime Archive and Library Staff

November 4, 2024

November 4, 2024

Downsizing and Restructuring Continue, Affecting Employees with Decades of Service By Dolores Quintana Last week, the Academy of Motion Picture...

LA County Opens 526 New Vote Centers for Early Voting, Announces Conditional Voting for Unregistered Residents

November 3, 2024

November 3, 2024

Metro LA Offers Free Rides on Election Day to Help Residents Get to the Polls Los Angeles County opened an...

H5N1 Detected in LA County Wastewater, Health Officials Urge Precautions for Residents

November 3, 2024

November 3, 2024

Los Angeles County Investigates Low-Level H5 Avian Flu Detected in Wastewater The Los Angeles County Department of Public Health is...

West Hollywood Unveils Powerful Art Installation Advocating for the Equal Rights Amendment

November 1, 2024

November 1, 2024

Final Impact Campaign by Equal Means Equal Brings a New Photo Installation to West Hollywood Equal Means Equal, a national...

All You Need to Know to Attend the Dodgers Victory Parade Tomorrow in DTLA

November 1, 2024

November 1, 2024

World Champions and LA’s Team to Greet Angelenos After Win of NY Yankees The Los Angeles Dodgers announced that their...

Beverly Hills City Government Agrees to a Stipulated Judgment After Blocking Abortion Clinic Opening

November 1, 2024

November 1, 2024

City to Implement Training, Oversight on Reproductive Rights Following Legal Settlement  California Attorney General Rob Bonta announced a legal agreement...

Dia De Los Muertos 2024: Here’s Where To Celebrate The Holiday Tradition This Weekend

October 31, 2024

October 31, 2024

Los Angeles Has a Variety of Ways to Explore Latino Culture and Honor Ancestors Starting just after Halloween, Dia de...

(Video) Downtown L.A. Reacts to World Series Victory

October 31, 2024

October 31, 2024

The Dodgers Are World Series Champs For The Eighth Time https://www.tiktok.com/t/ZTFtyDDKn/

Halloween Pre-Game Party Brings Chills and Spooky Thrills to The Rose Venice

October 31, 2024

October 31, 2024

Enjoy Halloween With Festive Cocktails, Appetizers, and a Costume Contest The Rose Venice in Venice is set to host a...

(Video) Something About Her’s First Tea Time Was a Big Hit

October 31, 2024

October 31, 2024

The Next Date is November Third. Beautiful vibes, deciduous food and drink. Don’t miss it. @Something About Her @centurycitywestwoodnews Something...