Nearly $5 billion in additional student loan forgiveness approved by Biden administration

by lucerousb

6 comments
  1. Borrowers are eligible for relief through the Public Service Loan Forgiveness program, which allows certain public-sector employees to have their remaining debt forgiven after they have made 10 years’ worth or payments, or if they “have been in repayment for at least 20 years – but didn’t accurately get credit for student loan payment,” the White House said.

    Borrowers can visit [studentaid.gov](https://studentaid.gov/)to apply for this latest round of forgiveness.

  2. Why do so many people legitimately believe that the debt is actually being transferred to taxpayers?

    Like…they legit do not understand what “debt cancellation” means.

    They think the debt still gets paid, but like…the government couldn’t even force the taxpayer to pay the debt if they wanted to, because the debt no longer exists, because it has been cancelled.

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