August 2022 newsletter
AUGUST 2022 NEWSLETTER Welcome you to this month's newsletter with Ha Le. I'd like to treat you with tea and mooncake and chit-chat a little bit because Mid-Autumn Festival is coming. This is a traditional festival in the Vietnamese community where family members get together and enjoy the full moon harvest. During this chance together, kids play with lanterns and eat cakes and fruit. Adults sitting at the table under the full moon share the good news about their own nuclear family. One of the good news these days was President Biden signed an executive order to cancel the student loans for those with income below $125,000. The amount canceled can be $10,000 or $20,000 depending on whether they received Pell Grants. 12 million people may be wiped out of all the student loans of $10,000. Other 30 million people's loan balance can be reduced. This piece of good news may cost the government from 300 billion to 980 billion dollars. Good news for student loan carriers. What do...