"No loan forgiveness, you need personal responsibility, if you take the money you pay it back!"
- Republicans who took Paycheck Protection Program loans in 2020 and had them forgiven
Biden literally has a PPP grifter on his social media re-election campaign who took $50,000, before turning around and advocating against student debt lmao
@MuellerSheWrote
Joe Biden failed to deliver the paltry $10,000 forgiveness he campaigned on, or free community college
The balls to think you should run again after lying this hard to get elected the first time…
Education should be free, if not then extremely cheap. Being uneducated in today's world is a disadvantage. But to get educated you have to spend so much money.
It’s in the 3rd paragraph: “The 153,000 borrowers who qualify for the latest debt forgiveness are those who are enrolled in the Saving on a Valuable Education (SAVE) repayment plan and who have made at least 10 years of payments.”
Side note: 153,000 feels like a small number for $1.2 billion!
“[A]nd originally borrowed $12,000 or less for college, the Education Department said.
For every $1,000 borrowed above $12,000, a borrower can receive forgiveness after an additional year of payments, the department added.”
Some may be like me, and have $175K in debt because of interest on a $50K loan, having made not a lot of money in the interim and having compounded interest.
-People who have borrowed less than $12k and have been in repayment for 10 years
-For each additional year you've been in repayment, the limit goes up $1000
-(Not in the article) All undergrad loans after 20 years of repayment, all grad loans after 25
